SECURITIES AND EXCHANGE COMMISSION

FORM N-Q Quarterly schedule of portfolio holdings of registered management investment company filed on Form N-Q

Filing Date: 2007-05-30 | Period of Report: 2007-03-31 SEC Accession No. 0001104659-07-043914

(HTML Version on secdatabase.com)

FILER SA FUNDS INVESTMENT TRUST Mailing Address Business Address 3055 OLIN AVENUE SUITE 3055 OLIN AVENUE SUITE CIK:1075065| IRS No.: 770216379 | State of Incorp.:DE | Fiscal Year End: 0630 2000 2000 Type: N-Q | Act: 40 | File No.: 811-09195 | Film No.: 07886236 SAN JOSE CA 95128 SAN JOSE CA 95128 408-260-3100

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-09195

SA Funds – Investment Trust (Exact name of registrant as specified in charter)

3055 Olin Avenue, Suite 2000 San Jose, California 95128 (Address of principal executive offices) (Zip code)

Steven K. McGinnis Chief Compliance Officer SA Funds – Investment Trust 3055 Olin Ave., Suite 2000 San Jose, CA 95128 (Name and address of agent for service)

Copies to: Thomas Reyes R. Darrell Mounts Vice President and Counsel Counsel to the Trust State Street Bank and Trust Company Kirkpatrick & Lockhart Preston Gates Ellis LLP 2 Avenue de Lafayette, 6th Floor 1601 K Street, N.W. Boston, Massachusetts 02111 Washington, D.C. 20006

Registrant’s Telephone Number, Including Area Code: (408) 260-3100

Date of fiscal year end: June 30

Date of reporting period: March 31, 2007

SA Fixed Income Fund PORTFOLIO OF INVESTMENTS — AS OF MARCH 31, 2007 (UNAUDITED)

FACE AMOUNT VALUE BONDS AND NOTES — 79.8% Australia — 0.4% Toyota Finance Australia Ltd., 4.710%, 12/20/07 AUD 3,265,000 $ 2,612,135

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Austria — 5.8% Osterreichische Kontrollbank AG, 1.800%, 3/22/10 JPY 1,610,000,000 14,046,502 Pfandbriefstelle der Oesterreichischen Landes-Hypothekenbanken, 1.600%, 2/15/11 JPY 1,600,000,000 13,872,905 Republic of Austria, 3.000%, 8/21/09 CHF 8,000,000 6,666,983 34,586,390

Belgium — 2.5% Kingdom of Belgium, 5.750%, 3/28/08 EUR 11,100,000 15,079,183

Canada — 1.9% Province of Ontario, 1.875%, 1/25/10 JPY 1,300,000,000 11,347,248

Denmark — 3.3% Kingdom of Denmark, 7.000%, 11/15/07 DKK 91,000,000 16,602,598 Kommunekredit, 5.500%, 8/13/09 DKK 14,280,000 2,622,067 Oresundsbro Konsortiet, 6.000%, 4/20/09 SEK 5,710,000 846,389 20,071,054

Finland — 1.4% Municipality Finance Plc, 3.500%, 4/23/08 EUR 6,500,000 8,635,109

France — 8.6% Caisse d’Amortissement de la Dette Sociale, 4.625%, 12/07/07 GBP 1,000,000 1,954,653 ERAP, 3.375%, 4/25/08 EUR 3,600,000 4,781,407 French Treasury Note BTAN, 2.750%, 3/12/08 EUR 11,500,000 15,197,317 IXIS-CIB, 2.750%, 6/26/08 EUR 12,900,000 16,969,030 Societe Nationale des Chemins de Fer Francais, 7.500%, 4/26/08 EUR 1,100,000 1,520,155 Total Capital SA, 2.375%, 6/23/10 CHF 7,000,000 5,724,968 Total Capital SA, 2.375%, 10/01/09 CHF 2,000,000 1,640,572 UNEDIC, 3.500%, 9/18/08 EUR 3,000,000 3,982,075 51,770,177

Germany — 15.9% Bayerische Landesbank, 1.000%, 9/20/10 JPY 890,000,000 7,545,995 Bayerische Landesbank, 2.875%, 2/15/08 EUR 3,500,000 4,630,761 Bundesobligation, 4.250%, 2/15/08 EUR 8,200,000 10,983,597 DSL Bank AG, 1.750%, 10/07/09 JPY 340,000,000 2,954,274 KfW Bankengruppe, 1.850%, 9/20/10 JPY 1,020,000,000 8,927,787 KfW Bankengruppe, 3.750%, 1/28/09 SEK 2,900,000 413,655 KfW International Finance, Inc., 1.750%, 3/23/10 JPY 225,000,000 1,960,249 Landesbank Hessen-Thueringen Girozentrale, 5.125%, 12/07/07 GBP 4,300,000 8,425,880 Landeskreditbank Baden-Wuerttemberg - Foerderbank, 3.000%, 7/04/08(a) EUR 7,300,000 9,632,563 Landwirtschaftliche Rentenbank, 3.625%, 9/01/08 EUR 9,300,000 12,354,444 Landwirtschaftliche Rentenbank, 4.900%, 11/19/07 AUD 5,300,000 4,248,869 Lb Baden-Wuerttemberg, 3.000%, 12/22/08 CHF 15,000,000 12,453,612 Norddeutsche Landesbank Girozentrale, 0.450%, 1/19/09 JPY 1,300,000,000 10,987,568 95,519,254

Japan — 2.3% Toyota Motor Credit Corp., 0.550%, 6/30/10 JPY 1,620,000,000 13,552,454

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Netherlands — 6.5% Deutsche Bahn Finance BV, 5.250%, 10/08/08 DKK 18,000,000 3,249,385 Nederlandse Waterschapsbank NV, 2.250%, 10/10/08 CHF 6,000,000 4,925,839 Netherlands Government Bond, 2.500%, 1/15/08 EUR 11,500,000 15,199,362 Rabobank Nederland, 0.800%, 2/03/11 JPY 1,830,000,000 15,367,844 38,742,430

Norway — 2.9% Eksportfinans ASA, 1.800%, 6/21/10 JPY 1,715,000,000 14,966,838 Eksportfinans ASA, 2.000%, 3/17/09 CHF 3,000,000 2,448,134 17,414,972

Spain — 2.5% Instituto de Credito Oficial, 0.800%, 9/28/09 JPY 1,732,000,000 14,708,925

Supranational — 7.8% African Development Bank, 1.950%, 3/23/10 JPY 1,170,000,000 10,213,260 European Investment Bank, 4.000%, 4/15/09 SEK 89,000,000 12,753,479 European Investment Bank, 5.000%, 6/10/10 DKK 20,000,000 3,680,385 Interamerican Development Bank, 1.900%, 7/08/09 JPY 1,700,000,000 14,801,445 Nordic Investment Bank, 5.090%, 12/20/07 AUD 6,700,000 5,371,173 46,819,742

Sweden — 5.2% City of Stockholm, 3.375%, 3/08/10 SEK 64,300,000 8,998,796 Government of Sweden, 4.000%, 12/01/09 SEK 73,000,000 10,487,087 Government of Sweden, 5.000%, 1/28/09 SEK 42,000,000 6,140,402 Kommuninvest I Sverige, 4.100%, 5/11/09 SEK 40,000,000 5,729,811 31,356,096

United Kingdom — 7.2% Bank of England Euro Note, 2.500%, 1/28/08 EUR 11,000,000 14,539,124

FACE AMOUNT VALUE BONDS AND NOTES (Continued) United Kingdom (Continued) BP Capital Plc, 1.250%, 12/29/09 CHF 13,000,000 10,388,764 Network Rail MTN Finance Plc, 3.125%, 3/30/09 EUR 11,100,000 14,581,054 Royal Bank of Scotland Plc, 5.000%, 12/20/07 GBP 1,787,000 3,499,124 43,008,066

United States — 5.6% Citigroup, Inc., 4.625%, 11/14/07 EUR 6,800,000 9,119,317 Federal Home Loan Mortgage Corp., 3.500%, 2/15/08 EUR 3,500,000 4,658,201 Federal National Mortgage Association, 6.375%, 8/15/07 AUD 3,300,000 2,670,925 General Electric Capital Corp., 3.250%, 1/28/10 SEK 30,710,000 4,293,579

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document General Electric Capital Corp., 1.450%, 11/10/11 JPY 1,470,000,000 12,546,328 33,288,350

TOTAL BONDS AND NOTES (Identified Cost $471,709,317) 478,511,585

SHORT-TERM INVESTMENTS — 19.8% United States — 18.7% Barton Capital Corp., 5.250%, 4/04/07 USD 14,000,000 13,993,875 Cafco LLC, 5.260%, 4/16/07 USD 14,700,000 14,667,782 Ciesco, Inc., 5.250%, 4/11/07 USD 6,500,000 6,490,521 Ciesco, Inc., 5.240%, 4/13/07 USD 5,100,000 5,091,092 Ciesco, Inc., 5.280%, 4/16/07 USD 600,000 598,687 Ciesco, Inc., 5.240%, 5/10/07 USD 4,200,000 4,176,158 Govco, Inc., 5.260%, 4/13/07 USD 3,000,000 2,994,740 Govco, Inc., 5.240%, 4/27/07 USD 13,000,000 12,950,802 Ixis, 5.250%, 4/09/07 USD 2,300,000 2,297,317 Ixis, 5.245%, 5/02/07 USD 6,200,000 6,171,998 Kittyhawk Funding, 5.270%, 4/16/07 USD 11,000,000 10,975,846 Met Life Funding, Inc., 5.240%, 4/09/07 USD 2,600,000 2,596,972 Sheffield Receivables Corp., 5.280%, 4/11/07 USD 4,000,000 3,994,133 Sheffield Receivables Corp., 5.260%, 4/12/07 USD 11,000,000 10,982,321 Windmill Funding Corp., 5.250%, 4/04/07 USD 6,400,000 6,397,200 Windmill Funding Corp., 5.260%, 4/18/07 USD 7,800,000 7,780,626 112,160,070

SHARES VALUE Other — 1.1% SSgA Money Market Fund 6,524,412 6,524,412 SSgA Government Money Market Fund 1 1 6,524,413

TOTAL SHORT-TERM INVESTMENTS (Identified Cost $118,684,483) 118,684,483

Total Investments — 99.6% (Identified Cost $590,393,800)# 597,196,068 Cash and Other Assets, Less liabilities — 0.4% 2,358,044

Net Assets — 100.0% $ 599,554,112

(a) All or a portion of security out on loan. # At March 31, 2007 the aggregate cost of investment securities for income tax purposes was $590,393,800. Net unrealized appreciation aggregated $6,802,268 of which $11,102,752 related to appreciated investment securities and $4,300,484 related to depreciated investment securities. AUD — Australian Dollar CHF — Swiss Franc DKK — Danish Krone EUR — Euro Currency GBP — Great British Pound

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document JPY — Japanese Yen SEK — Swedish Krona USD — United States Dollar

Portfolio Sectors (% of portfolio market value)

United States 25.4% 151,972,833 Germany 16.0% 95,519,254 Other 13.9% 83,350,026 France 8.7% 51,770,177 Supranational 7.8% 46,819,742 United Kingdom 7.2% 43,008,066 Netherlands 6.5% 38,742,430 Austria 5.8% 34,586,390 Sweden 5.3% 31,356,096 Denmark 3.4% 20,071,054

Total 100.0% 597,196,068

Fixed Income Fund

Ten Largest Industry Holdings March 31, 2007 (As a percentage of Net Assets):

Industry Percentage Financial Services 23.5% Banks 16.5% Foreign Government/Agency – Germany 9.7% Supranational Organizations 7.8% Diversified Operations 6.1% Foreign Government/Agency – Sweden 5.2% Foreign Government/Agency – Netherlands 3.9% Foreign Government/Agency – Austria 3.5% Foreign Government/Agency – Denmark 3.3% Foreign Government/Agency – France 3.1%

At March 31, 2007 the SA Fixed Income Fund had the following open forward foreign currency exchange contracts:

Local Currency Aggregate Face Unrealized Delivery Date Amount Amount Total Value Appreciation/(Depreciation) Australian Dollar (Sell) 5/8/2007 18,742,325 $ 15,099,192 $ 15,599,586 $ (500,394) Swiss Franc (Sell) 5/8/2007 54,298,113 44,840,380 45,042,286 (201,906) Danish Krone (Sell) 5/8/2007 151,032,768 27,067,774 27,707,728 (639,953)

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Euro (Sell) 5/8/2007 122,432,103 163,544,803 167,304,064 (3,759,261) Great British Pound (Sell) 5/8/2007 7,198,877 14,134,851 14,397,529 (262,678) Japanese Yen (Sell) 5/8/2007 19,824,717,790 170,586,566 166,163,189 4,423,377 Swedish Krona (Sell) 5/8/2007 351,648,826 50,275,767 52,523,160 (2,247,393) $ (3,188,208)

SA U.S. Market Fund

PORTFOLIO OF INVESTMENTS — AS OF MARCH 31, 2007 (UNAUDITED)

SHARES VALUE COMMON STOCKS — 95.5% Advertising — 0.2% Getty Images, Inc.* 1,600 $ 77,808 Interpublic Group of Cos., Inc.* 16,770 206,439 inVentiv Health, Inc.* 1,000 38,290 Lamar Advertising Co., Class A* 3,300 207,801 Marchex, Inc., Class B 1,000 15,320 Omnicom Group, Inc. 5,200 532,376 1,078,034 Aerospace/Defense — 1.8% AAR Corp.* 1,100 30,316 Alliant Techsystems, Inc.* 875 76,930 Armor Holdings, Inc.* 1,400 94,262 BE Aerospace, Inc.* 2,400 76,080 Boeing Co. 27,400 2,436,134 Curtiss-Wright Corp. 1,576 60,739 DRS Technologies, Inc. 1,618 84,411 GenCorp, Inc.* 1,500 20,760 General Dynamics Corp. 15,400 1,176,560 Goodrich Corp. 4,200 216,216 Hexcel Corp.* 3,100 61,535 Honeywell International, Inc. 32,700 1,506,162 K&F Industries Holdings, Inc.* 1,500 40,395 Moog, Inc., Class A* 1,500 62,475 Northrop Grumman Corp. 13,164 977,032 Orbital Sciences Corp.* 2,300 43,102 Raytheon Co. 17,100 897,066 Rockwell Collins 6,700 448,431 Teledyne Technologies, Inc.* 1,700 63,648 TransDigm Group, Inc.* 300 10,914 Triumph Group, Inc. 200 11,068 United Technologies Corp. 39,840 2,589,600 World Fuel Services Corp. 1,000 46,260 11,030,096 Agricultural Operations — 0.2% AGCO Corp.* 3,600 133,092 Delta & Pine Land Co. 500 20,600

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Monsanto Co. 21,734 1,194,501 1,348,193 Airlines — 0.2% AirTran Holdings, Inc.* 3,800 39,026 Alaska Air Group, Inc.* 1,700 64,770 AMR Corp.* 9,500 289,275 Continental Airlines, Inc., Class B* 4,100 149,199 ExpressJet Holdings, Inc.* 700 4,088 JetBlue Airways Corp.* 7,050 81,145 Republic Airways Holdings, Inc.* 1,700 39,032 SkyWest, Inc. 1,900 50,977 Southwest Airlines Co. 30,500 448,350 UAL Corp.* 3,610 137,794 1,303,656 Auto & Related — 0.9% A.S.V., Inc.* 1,000 15,260 Adesa, Inc. 3,200 88,416 Advance Auto Parts, Inc. 3,700 142,635 American Axle & Manufacturing Holdings, Inc. 2,100 57,435 ArvinMeritor, Inc. 2,100 38,325 Asbury Automotive Group, Inc. 900 25,425 AutoZone, Inc.* 2,000 256,280 Avis Budget Group, Inc.* 3,804 103,925 BorgWarner, Inc. 2,200 165,924 CarMax, Inc.* 7,146 175,363 CSK Auto Corp.* 500 8,600 Cummins Engine Co., Inc. 1,200 173,664 Dana Corp.* 4,500 3,938 Dollar Thrifty Automotive Group, Inc.* 500 25,520 Ford Motor Co. 72,700 573,603 General Motors Corp. 22,600 692,464 Harley-Davidson, Inc. 10,400 611,000 Johnson Controls, Inc. 6,600 624,492 Lear Corp.* 2,700 98,577 Monaco Coach Corp. 400 6,372 Navistar International Corp.* 2,800 128,100 O’Reilly Automotive, Inc.* 3,600 119,160 Oshkosh Truck Corp. 2,600 137,800 PACCAR, Inc. 9,187 674,326 Proliance International, Inc.* 94 355 Rent-A-Center, Inc.* 1,950 54,561 Superior Industries International, Inc. 300 6,249 Tenneco Automotive, Inc.* 1,500 38,190 Thor Industries, Inc. 1,600 63,024 TRW Automotive Holdings Corp.* 3,700 128,834 United Auto Group, Inc. 3,200 64,960 United Rentals, Inc.* 3,200 88,000 Visteon Corp.* 4,600 39,284 Wabash National Corp. 300 4,626 Winnebago Industries, Inc. 400 13,452 5,448,139

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Banks/Savings & Loans — 5.4% Accredited Home Lenders Holding Co.* 100 927 Alabama National BanCorp. 300 21,243 AMCORE Financial, Inc. 500 15,875 Associated Banc-Corp. 4,619 155,198 Astoria Financial Corp. 3,700 98,383 BancorpSouth, Inc. 2,700 66,015 Bank of America Corp. 187,875 9,585,382 Bank of New York Co., Inc. 31,800 1,289,490 BankAtlantic Bancorp, Inc., Class A 2,200 24,112 BankUnited Financial Corp., Class A 500 10,605 BB&T Corp. 20,911 857,769 BOK Financial Corp. 2,242 111,046 Boston Private Financial Holdings, Inc. 1,300 36,296 Brookline Bancorp, Inc. 1,500 19,005 Capitol Federal Financial 2,500 94,525 Cathay Bancorp, Inc. 1,950 66,261 Central Pacific Financial Corp. 1,300 47,541 Chemical Financial Corp. 315 9,384 Chittenden Corp. 1,625 49,059 City National Corp. 1,200 88,320 Comerica, Inc. 5,900 348,808 Commerce Bancshares, Inc. 2,969 143,432 Community Bank Systems, Inc. 400 8,368 Compass Bancshares, Inc. 4,400 302,720 Corus Bankshares, Inc. 1,600 27,296 CVB Financial Corp. 2,416 28,750 Dime Community Bancshares 600 7,938 Downey Financial Corp. 300 19,362 East West Bancorp, Inc. 2,200 80,894 Fifth Third Bancorp 22,337 864,219 First Charter Corp. 600 12,900 First Community Bancorp 1,200 67,848 First Financial Bancorp 630 9,519 First Horizon National Corp. 4,600 191,038 First Niagara Financial Group, Inc. 3,500 48,685 First Republic Bank 300 16,110 FirstFed Financial Corp.* 300 17,049 Flagstar Bancorp, Inc. 2,500 29,875 FNB Corp. 1,851 31,189 Frontier Financial Corp. 1,500 37,425

SHARES VALUE COMMON STOCKS (Continued) Banks/Savings & Loans (Continued) Fulton Financial Corp. 6,967 101,231 Glacier Bancorp, Inc. 1,875 45,075 Greater Bay Bancorp 1,900 51,091 Hancock Holding Co. 400 17,592

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Hanmi Financial Corp. 1,407 26,817 Harleysville National Corp. 463 8,251 Hudson City Bancorp, Inc. 22,607 309,264 Huntington Bancshares, Inc. 9,000 196,650 International Bancshares Corp. 2,500 74,175 M&T Bank Corp. 3,000 347,490 MAF Bancorp, Inc. 400 16,536 Marshall & Ilsley Corp. 9,600 444,576 MB Financial, Inc. 1,450 52,215 Mid-State Bancshares 200 7,338 National City Corp. 25,814 961,572 National Penn Bancshares, Inc. 1,673 31,620 NBT Bancorp, Inc. 600 14,058 New York Community Bancorp, Inc. 11,765 206,946 NewAlliance Bancshares, Inc. 3,600 58,356 Northern Trust Corp. 8,700 523,218 Northwest Bancorp, Inc. 1,900 51,471 Old National Bancorp 2,307 41,941 Pacific Capital Bancorp 1,666 53,512 People’s Bank 5,100 226,440 PFF Bancorp, Inc. 450 13,649 PNC Bank Corp. 13,536 974,212 Prosperity Bancshares, Inc. 1,200 41,688 Provident Bankshares Corp. 400 13,144 Provident Financial Services, Inc. 2,300 40,135 Regions Financial Corp. 29,116 1,029,833 S&T Bancorp, Inc. 415 13,712 Sovereign Bancorp, Inc. 18,060 459,446 Sterling Bancshares, Inc. 2,250 25,155 Sterling Financial Corp. 1,660 51,775 Sun Trust Banks, Inc. 11,626 965,423 SVB Financial Group* 500 24,295 TCF Financial Corp. 4,700 123,892 TD Banknorth, Inc. 7,870 253,099 The Colonial BancGroup, Inc. 6,100 150,975 TrustCo Bank Corp. NY 2,380 22,800 Trustmark Corp. 1,300 36,452 U.S. Bancorp 70,915 2,479,898 UCBH Holdings, Inc. 4,020 74,852 UMB Financial Corp. 1,600 60,416 Umpqua Holdings Corp. 1,400 37,478 UnionBanCal Corp. 4,900 310,758 United Bankshares, Inc. 1,500 52,545 United Community Banks, Inc. 1,550 50,825 Valley National Bancorp 4,465 112,741 Wachovia Corp. 76,158 4,192,498 Washington Federal, Inc. 2,947 69,137 Washington Mutual, Inc. 37,834 1,527,737 Webster Financial Corp. 1,310 62,893 WesBanco, Inc. 100 3,087 Westamerica Bancorporation 700 33,719

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Western Alliance Bancorp* 1,000 31,040 Wintrust Financial Corp. 300 13,383 Zions Bancorp. 2,707 228,796 32,388,784 Broadcasting — 1.1% Charter Communications, Inc., Class A* 17,100 47,709 Citadel Broadcasting Corp. 4,300 40,893 Clear Channel Communications, Inc. 19,500 683,280 Comcast Corp., Class A* 86,487 2,244,338 Comcast Corp., Class A Special* 44,100 1,123,227 Cox Radio, Inc., Class A* 800 10,920 Crown Media Holdings, Inc., Class A* 2,400 12,792 Cumulus Media, Inc., Class A* 900 8,442 Discovery Holding Co., Class A* 8,040 153,805 Entercom Communications Corp. 1,100 30,998 Entravision Communications Corp.* 1,700 15,878 Gray Television, Inc. 500 5,210 Hearst-Argyle Television, Inc. 1,600 43,504 Liberty Global, Inc., Class A* 3,795 124,969 Liberty Global, Inc. Series C* 8,195 251,095 Liberty Media Holding Corp. - Capital Series A* 4,830 534,150 Lin TV Corp., Class A* 200 3,180 Mediacom Communications Corp.* 2,700 21,978 Radio One, Inc., Class D* 2,000 12,920 Salem Communications Corp., Class A 200 2,500 Sinclair Broadcast Group, Inc., Class A 1,000 15,450 Spanish Broadcasting System, Inc., Class A* 400 1,600 The DIRECTV Group, Inc.* 48,899 1,128,100 TiVo, Inc.* 1,100 6,985 Westwood One, Inc. 2,200 15,114 World Wrestling Federation Entertainment, Inc. 1,500 24,450 6,563,487 Building & Construction — 0.6% Beazer Homes USA, Inc. 1,600 46,448 Cavco Industries, Inc.* 100 3,495 Centex Corp. 4,500 188,010 Champion Enterprises, Inc.* 2,100 18,480 D.R. Horton, Inc. 12,500 275,000 Dycom Industries, Inc.* 700 18,242 Emcor Group, Inc.* 600 35,388 Fleetwood Enterprises, Inc.* 2,200 17,402 Florida Rock Industries, Inc. 2,525 169,907 Granite Construction, Inc. 1,500 82,890 Hovnanian Enterprises, Inc., Class A* 1,000 25,160 Infrasource Services, Inc.* 1,500 45,795 Insituform Technologies, Inc., Class A* 1,000 20,790 Jacobs Engineering Group, Inc.* 4,400 205,260 KB HOME 3,300 140,811 Lennar Corp., Class A 4,300 181,503 Lennar Corp., Class B 800 31,544 M.D.C. Holdings, Inc. 1,057 50,810

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document M/I Homes, Inc. 100 2,655 Martin Marietta Materials, Inc. 1,200 162,240 Masco Corp. 15,800 432,920 Meritage Corp.* 400 12,848 Modine Manufacturing Co. 400 9,160 NCI Building Systems, Inc.* 200 9,548 NVR, Inc.* 100 66,500 Perini Corp.* 110 4,055 Pulte Corp. 9,300 246,078 Ryland Group, Inc. 1,200 50,628 Simpson Manufacturing Co., Inc. 1,400 43,176 Standard Pacific Corp. 2,500 52,175 Technical Olympic USA, Inc. 1,725 6,883 Texas Industries, Inc. 600 45,318 The Shaw Group, Inc.* 3,200 100,064 Toll Brothers, Inc.* 5,800 158,804 Trex Co., Inc.* 100 2,153 URS Corp.* 1,600 68,144 USG Corp.* 3,400 158,712

SHARES VALUE COMMON STOCKS (Continued) Building & Construction (Continued) Vulcan Materials Co. 2,700 314,496 Washington Group International, Inc.* 300 19,926 WCI Communities, Inc.* 1,600 34,144 3,557,562 Business Services — 1.2% Acxiom Corp. 3,000 64,170 Administaff, Inc. 1,000 35,200 AMN Healthcare Services, Inc.* 1,200 27,144 aQuantive, Inc.* 2,900 80,939 Automatic Data Processing, Inc. 23,100 1,118,040 BEA Systems, Inc.* 15,000 173,850 BearingPoint, Inc.* 7,600 58,216 Brady Corp., Class A 1,600 49,920 Catalina Marketing Corp. 1,800 56,844 CDI Corp. 300 8,676 Ceridian Corp.* 5,800 202,072 ChoicePoint, Inc.* 3,266 122,246 Cintas Corp. 6,000 216,600 CSG Systems International, Inc.* 1,800 45,036 Ecolab, Inc. 9,200 395,600 Electronic Data Systems Corp. 20,700 572,976 Expeditors International of Washington, Inc. 8,100 334,692 Fair, Issac & Co., Inc. 1,600 61,888 First Data Corp. 30,679 825,265 Fiserv, Inc.* 6,650 352,849 Foundry Networks, Inc.* 5,100 69,207

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document FTI Consulting, Inc.* 1,100 36,949 Gartner, Inc., Class A* 4,600 110,170 Gevity HR, Inc. 200 3,948 Global Payments, Inc. 2,480 84,469 Harte-Hanks, Inc. 2,550 70,355 Hudson Highland Group, Inc.* 270 4,209 Iron Mountain, Inc.* 7,975 208,387 John H. Harland Co. 500 25,615 Keane, Inc.* 2,100 28,518 Kelly Services, Inc., Class A 500 16,100 Kenexa Corp.* 1,000 31,130 Korn/Ferry International* 1,400 32,116 Labor Ready, Inc.* 2,300 43,677 Manpower, Inc. 3,200 236,064 MAXIMUS, Inc. 400 13,792 MPS Group, Inc.* 3,900 55,185 Navigant Consulting, Inc.* 1,613 31,873 Paychex, Inc. 15,250 577,517 Resources Connection, Inc.* 1,600 51,184 Robert Half International, Inc. 6,200 229,462 SEI Investments Co. 3,700 222,851 TALX Corp. 1,150 38,100 TeleTech Holdings, Inc.* 1,900 69,711 Tetra Tech, Inc.* 2,300 43,838 The Corporate Executive Board Co. 800 60,768 Watson Wyatt & Co. Holdings 1,500 72,975 7,270,393 Chemicals — 1.3% A. Schulman, Inc. 200 4,712 Air Products & Chemicals, Inc. 9,000 665,640 Airgas, Inc. 2,800 118,020 Albemarle Corp. 4,000 165,360 Arch Chemicals, Inc. 200 6,244 Ashland, Inc. 2,700 177,120 Cabot Corp. 2,400 114,552 Cabot Microelectronics Corp.* 300 10,053 Chemtura Corp. 10,078 110,153 Cytec Industries, Inc. 2,000 112,480 Dionex Corp.* 300 20,433 Dow Chemical Co. 38,200 1,751,852 E.I. du Pont de Nemours & Co. 36,800 1,819,024 Eastman Chemical Co. 2,900 183,657 Ferro Corp. 1,500 32,415 FMC Corp. 700 52,801 Georgia Gulf Corp. 600 9,726 H.B. Fuller Co. 2,300 62,721 Hercules, Inc.* 4,100 80,114 Kronos Worldwide, Inc. 1,422 46,087 Lubrizol Corp. 2,600 133,978 Lyondell Chemical Co. 9,955 298,351 MacDermid, Inc. 600 20,922

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Minerals Technologies, Inc. 300 18,648 NL Industries, Inc. 800 8,720 Olin Corp. 2,100 35,574 OM Group, Inc.* 400 17,872 PolyOne Corp.* 3,100 18,910 Praxair, Inc. 12,200 768,112 Rockwood Holdings, Inc.* 2,800 77,504 Rohm & Haas Co. 8,000 413,760 RPM, Inc. 4,400 101,640 Sigma-Aldrich Corp. 5,000 207,600 Spartech Corp. 500 14,670 Symyx Technologies* 400 7,088 Terra Industries, Inc.* 3,400 59,500 The Mosaic Co.* 1,800 47,988 The Valspar Corp. 3,200 89,056 Tronox, Inc., Class B 857 11,981 UAP Holding Corp. 2,600 67,210 Valhi, Inc. 3,660 48,312 Westlake Chemical Corp. 2,100 57,015 8,067,575 Commercial Services — 0.5% Advance America Cash Advance Centers, Inc. 500 7,695 Alliance Data Systems Corp.* 3,100 191,022 Arbitron, Inc. 300 14,085 Central Parking Corp. 200 4,436 Coinstar, Inc.* 1,000 31,300 Convergys Corp.* 5,300 134,673 CoStar Group, Inc.* 200 8,936 Deluxe Corp. 2,100 70,413 Euronet Worldwide, Inc.* 1,400 37,604 Fluor Corp. 2,100 188,412 Global Cash Access Holdings, Inc.* 500 8,345 Heartland Payment Systems, Inc. 1,400 33,096 Hewitt Associates, Inc., Class A* 380 11,107 Live Nation, Inc.* 3,200 70,592 Mobile Mini, Inc.* 1,000 26,780 Moody’s Corp. 11,100 688,866 NAVTEQ Corp.* 2,900 100,050 PHH Corp.* 1,567 47,888 Plexus Corp.* 800 13,720 Polycom, Inc.* 3,400 113,322 Quanta Services, Inc.* 4,000 100,880 R.H. Donnelley Corp. 2,459 174,318 Sirva, Inc.* 1,300 4,641 TETRA Technologies, Inc.* 2,600 64,246 The Western Union Co. 29,079 638,284 Viad Corp. 400 15,440 Weight Watchers International, Inc. 3,700 170,533 2,970,684

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SHARES VALUE COMMON STOCKS (Continued) Communication Services — 0.0% JDS Uniphase Corp.* 7,586 115,535

Communications Equipment — 0.2% Andrew Corp.* 6,300 66,717 Arris Group, Inc.* 3,500 49,280 Atheros Communications, Inc.* 1,500 35,895 Ceradyne, Inc.* 300 16,422 Finisar Corp.* 13,300 46,550 General Cable Corp.* 1,400 74,802 Inter-Tel, Inc. 300 7,092 Ixia* 1,700 15,810 L-3 Communications Holdings, Inc. 4,100 358,627 MasTec, Inc.* 2,200 24,222 Sonus Networks, Inc.* 12,300 99,261 Tekelec* 2,000 29,820 UTStarcom, Inc.* 4,400 36,476 ViaSat, Inc.* 1,200 39,564 900,538 Computer Equipment — 1.2% Adaptec, Inc.* 1,100 4,257 Brocade Communications Systems, Inc.* 15,950 151,844 Electronics for Imaging, Inc.* 1,500 35,175 EMC Corp.* 87,332 1,209,548 Emulex Corp.* 3,300 60,357 Hutchinson Technology, Inc.* 400 9,340 Imation Corp. 500 20,190 Ingram Micro, Inc., Class A* 6,300 121,653 Insight Enterprises, Inc.* 1,000 17,980 Intel Corp. 230,600 4,411,378 Komag, Inc.* 1,000 32,730 Kronos, Inc.* 500 26,750 MEMC Electronic Materials, Inc.* 8,400 508,872 Mentor Graphics Corp.* 3,500 57,190 MTS Systems Corp. 152 5,904 Palm, Inc.* 3,400 61,642 SanDisk Corp.* 6,600 289,080 Seagate Technology 2,590 60,347 Semtech Corp.* 3,700 49,876 Silicon Storage Technology, Inc.* 1,300 6,409 Synaptics, Inc.* 300 7,674 Trident Microsystems, Inc.* 2,700 54,162 Varian Semiconductor Equipment Associates, Inc.* 1,950 104,091 Western Digital Corp.* 8,900 149,609 Whitney Holding Corp. 2,525 77,214 7,533,272 Computer Services — 1.9% Affiliated Computer Services, Inc., Class A* 4,300 253,184

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Avocent Corp.* 1,100 29,667 Black Box Corp. 300 10,962 Cadence Design Systems, Inc.* 11,800 248,508 Cisco Systems, Inc.* 253,700 6,476,961 Cognizant Technology Solutions Corp.* 4,700 414,869 Computer Sciences Corp.* 6,300 328,419 Compuware Corp.* 14,300 135,707 Covansys Corp.* 1,400 34,552 Diebold, Inc. 2,800 133,588 DST Systems, Inc.* 2,500 188,000 Extreme Networks, Inc.* 3,400 14,382 FactSet Research Systems, Inc. 1,050 65,992 Fidelity National Information Services, Inc. 9,678 439,962 IHS, Inc., Class A* 1,600 65,776 Jack Henry & Associates, Inc. 3,100 74,555 Manhattan Associates, Inc.* 300 8,229 MICROS Systems, Inc.* 1,600 86,384 NCR Corp.* 6,900 329,613 NETGEAR, Inc.* 1,000 28,530 Network Appliance, Inc.* 14,200 518,584 Perot Systems Corp., Class A* 4,500 80,415 Sapient Corp.* 5,000 34,300 SRA International, Inc., Class A* 1,400 34,104 Sun Microsystems, Inc.* 144,000 865,440 Sybase, Inc.* 3,100 78,368 Sykes Enterprises, Inc.* 1,400 25,536 Syntel, Inc. 1,400 48,510 The BISYS Group, Inc.* 5,100 58,446 Unisys Corp.* 13,800 116,334 Wind River Systems, Inc.* 3,300 32,802 11,260,679 Computer Software — 3.5% 3Com Corp.* 14,100 55,131 Activision, Inc.* 11,744 222,431 Adobe Systems, Inc.* 23,208 967,774 Advent Software, Inc.* 400 13,948 Altiris, Inc.* 300 9,873 ANSYS, Inc.* 1,500 76,155 Autodesk, Inc.* 9,300 349,680 Blackboard, Inc.* 1,000 33,630 BMC Software, Inc.* 8,200 252,478 Borland Software Corp.* 2,200 11,594 CA, Inc. 21,600 559,656 CheckFree Corp.* 3,500 129,815 Citrix Systems, Inc.* 6,400 204,992 Dendrite International, Inc.* 1,400 21,924 Electronic Arts, Inc.* 12,300 619,428 Epicor Software Corp.* 1,900 26,429 eResearch Technology, Inc.* 1,600 12,576 Hyperion Solutions Corp.* 2,300 119,209 Informatica Corp.* 2,400 32,232

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Intermec, Inc.* 1,800 40,212 Intuit, Inc.* 13,200 361,152 L-1 Identity Solutions, Inc.* 2,731 45,089 Lawson Software, Inc.* 7,000 56,630 McAfee, Inc.* 6,400 186,112 Microsoft Corp. 391,700 10,916,679 Midway Games, Inc.* 3,500 21,875 National Instruments Corp. 2,850 74,755 Novell, Inc.* 13,200 95,304 Nuance Communications, Inc.* 7,700 117,887 NVIDIA Corp.* 14,200 408,676 Openwave Systems, Inc.* 3,000 24,450 Opsware, Inc.* 3,400 24,650 Oracle Corp.* 207,260 3,757,624 Parametric Technology Corp.* 4,580 87,432 Progress Software Corp.* 1,300 40,560 Quest Software, Inc.* 3,600 58,572 Red Hat, Inc.* 7,200 165,096 Salesforce.com, Inc.* 4,300 184,126 Symantec Corp.* 37,565 649,874 Take-Two Interactive Software, Inc.* 2,150 43,301 THQ, Inc.* 1,850 63,252 TIBCO Software, Inc.* 8,300 70,716 Transaction Systems Architects, Inc., Class A* 900 29,151 Ulticom, Inc.* 500 4,100 Verint Systems, Inc.* 1,000 32,150 Witness Systems, Inc.* 1,100 29,645 21,308,025

SHARES VALUE COMMON STOCKS (Continued) Computers — 2.3% Apple Computer, Inc.* 32,400 3,010,284 Dell, Inc.* 90,900 2,109,789 Gateway, Inc.* 11,100 24,309 Hewlett-Packard Co. 108,801 4,367,272 International Business Machines Corp. 48,400 4,562,184 14,073,838 Construction Materials — 0.0% Eagle Materials, Inc. 1,593 71,096

Consumer Products — 2.1% Avon Products, Inc. 18,700 696,762 Blyth, Inc. 1,500 31,665 Central Garden & Pet Co.* 200 2,954 Central Garden & Pet Co., Class A* 400 5,880 Clorox Co. 6,100 388,509 Colgate-Palmolive Co. 21,600 1,442,664

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Energizer Holdings, Inc.* 2,000 170,660 Estee Lauder Companies, Inc., Class A 4,800 234,480 Fortune Brands, Inc. 5,300 417,746 Fossil, Inc.* 2,600 68,822 Hasbro, Inc. 5,700 163,134 IDEXX Laboratories, Inc.* 800 70,104 International Flavors & Fragrances, Inc. 3,500 165,270 Jarden Corp.* 2,600 99,580 Mattel, Inc. 15,300 421,821 Newell Rubbermaid, Inc. 11,100 345,099 Playtex Products, Inc.* 3,100 42,067 Procter & Gamble Co. 126,205 7,971,108 Russ Berrie & Co., Inc.* 400 5,640 Sally Beauty Holdings, Inc.* 3,500 32,165 Spectrum Brands, Inc.* 1,500 9,495 The Scotts Co., Class A 2,200 96,866 Tupperware Corp. 1,700 42,381 12,924,872 Containers & Glass — 0.1% Crown Holdings, Inc.* 6,900 168,774 Owens-Illinois, Inc.* 5,800 149,466 Silgan Holdings, Inc. 600 30,666 348,906 Containers-Paper/Plastic — 0.1% Bemis Co., Inc. 3,800 126,882 Graphic Packaging Corp.* 8,000 37,920 Longview Fibre Co. 1,134 27,930 Pactiv Corp.* 4,500 151,830 Rock-Tenn Co., Class A 1,400 46,480 Sealed Air Corp. 5,800 183,280 Sonoco Products Co. 1,700 63,886 638,208 Distribution/Wholesale — 0.2% Brightpoint, Inc.* 1,680 19,219 CDW Corp. 3,300 202,719 Central European Distribution Corp.* 1,400 40,754 Fastenal Co. 5,100 178,755 Genuine Parts Co. 5,900 289,100 Grainger, Inc. 2,500 193,100 LKQ Corp.* 1,300 28,418 Owens & Minor, Inc. 1,500 55,095 Pool Corp. 1,600 57,280 ScanSource, Inc.* 200 5,368 United Natural Foods, Inc.* 1,600 49,024 United Stationers, Inc.* 500 29,960 Watsco, Inc. 200 10,214 WESCO International, Inc.* 1,500 94,170 1,253,176 Diversified Operations — 1.7% 3M Co. 28,600 2,185,898

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Actuant Corp., Class A 1,200 60,972 Acuity Brands, Inc. 1,000 54,440 Barnes Group, Inc. 1,900 43,719 Carlisle Cos., Inc. 2,600 111,618 Chemed Corp. 400 19,584 Corning, Inc.* 61,560 1,399,875 Covanta Holding Corp.* 5,690 126,204 Crane Co. 2,300 92,966 Danaher Corp. 12,300 878,835 ESCO Technologies, Inc.* 400 17,928 Esterline Technologies Corp.* 300 12,321 Federal Signal Corp. 900 13,968 Florida East Coast Industries, Inc. 500 31,345 Griffon Corp.* 400 9,900 Harsco Corp. 2,000 89,720 Hawaiian Electric Industries, Inc. 2,800 72,772 Hillenbrand Industries, Inc. 2,500 148,425 Illinois Tool Works, Inc. 22,700 1,171,320 ITT Industries, Inc. 7,400 446,368 Lancaster Colony Corp. 500 22,095 Leucadia National Corp. 7,800 229,476 Lockheed Martin Corp. 15,500 1,503,810 Mathews International Corp., Class A 500 20,350 Pentair, Inc. 3,700 115,292 PerkinElmer, Inc. 4,500 108,990 PPG Industries, Inc. 6,600 464,046 Roper Industries, Inc. 3,100 170,128 Sensient Technologies Corp. 1,800 46,404 Teleflex, Inc. 900 61,263 Textron, Inc. 3,900 350,220 Tredegar Corp. 400 9,116 Trinity Industries, Inc. 2,400 100,608 Universal Corp. 500 30,675 Vector Group Ltd. 1,513 28,308 Walter Industries, Inc. 1,400 34,650 10,283,609 Education — 0.1% Apollo Group, Inc., Class A* 6,550 287,545 Career Education Corp.* 3,700 112,850 Corinthian Colleges, Inc.* 3,100 42,625 DeVry, Inc. 2,400 70,440 ITT Educational Services, Inc.* 900 73,341 Laureate Education, Inc.* 2,000 117,940 Renaissance Learning, Inc. 500 6,585 Strayer Education, Inc. 200 25,000 Universal Technical Institute, Inc.* 1,000 23,080 759,406 Electric Utilities — 0.1% ALLETE, Inc. 1,000 46,620 Calpine Corp.* 17,200 35,260 Duquesne Light Holdings, Inc. 2,200 43,538

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Great Plains Energy, Inc. 2,700 87,615 Integrys Energy Group, Inc. 1,377 76,437 NSTAR 4,300 151,016 Weststar Energy, Inc. 3,100 85,312 525,798 Electrical Equipment — 2.6% A.O. Smith Corp. 300 11,466 Advanced Energy Industries, Inc.* 1,800 37,872 Avid Technology, Inc.* 1,700 59,296

SHARES VALUE COMMON STOCKS (Continued) Electrical Equipment (Continued) Axcelis Technologies, Inc.* 2,800 21,392 Checkpoint Systems, Inc.* 600 14,196 Credence Systems Corp.* 2,500 8,275 FLIR Systems, Inc.* 2,500 89,175 General Electric Co. 416,799 14,738,013 Genlyte Group, Inc.* 400 28,220 GrafTech International Ltd.* 3,700 33,596 Input/Output, Inc.* 2,700 37,206 Ionatron, Inc.* 2,300 10,718 Lincoln Electric Holdings, Inc. 900 53,604 Littelfuse, Inc.* 400 16,240 Microchip Technology, Inc. 8,150 289,569 Molex, Inc. 2,500 62,225 Molex, Inc., Class A 2,600 73,320 Paxar Corp.* 1,400 40,180 Power Integrations, Inc.* 400 9,060 Power-One, Inc.* 1,200 6,864 Rogers Corp.* 300 13,305 Veeco Instruments, Inc.* 400 7,800 Vicor Corp. 200 2,004 Xilinx, Inc. 12,400 319,052 15,982,648 Electronics — 2.5% Advanced Micro Devices, Inc.* 18,400 240,304 Aeroflex, Inc.* 2,400 31,560 Agere Systems, Inc.* 6,440 145,673 Agilent Technologies, Inc.* 16,800 565,992 Altera Corp.* 14,500 289,855 AMETEK, Inc. 3,750 129,525 AMIS Holdings, Inc.* 3,300 36,135 Amkor Technology, Inc.* 7,500 93,600 Amphenol Corp., Class A 3,300 213,081 Analog Devices, Inc. 13,900 479,411 Anixter International, Inc.* 1,600 105,504 Applied Materials, Inc. 61,400 1,124,848 Applied Micro Circuits Corp.* 11,800 43,070

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Arrow Electronics, Inc.* 4,600 173,650 Atmel Corp.* 19,500 98,085 ATMI, Inc.* 1,500 45,855 Avnet, Inc.* 5,522 199,565 AVX Corp. 6,200 94,240 Belden CDT, Inc. 1,500 80,385 Benchmark Electronics, Inc.* 2,250 46,485 Broadcom Corp., Class A* 19,900 638,193 Brooks Automation, Inc.* 2,500 42,875 Cirrus Logic, Inc.* 3,100 23,746 Coherent, Inc.* 400 12,696 Conexant Systems, Inc.* 18,217 30,058 Cree, Inc.* 2,600 42,796 Cubic Corp. 500 10,820 Cymer, Inc.* 1,500 62,325 Cypress Semiconductor Corp.* 6,100 113,155 Daktronics, Inc. 1,600 43,904 Diodes, Inc.* 1,000 34,850 DSP Group, Inc.* 500 9,500 Emerson Electric Co. 32,100 1,383,189 Energy Conversion Devices, Inc.* 900 31,446 EnerSys* 1,800 30,924 Entegris, Inc.* 4,917 52,612 Exar Corp.* 600 7,944 Fairchild Semiconductor Corp., Class A* 4,600 76,912 FormFactor, Inc.* 1,100 49,225 Genesis Microchip, Inc.* 900 8,361 Gentex Corp. 5,600 91,000 Harman International Industries, Inc. 1,900 182,552 Hittite Microwave Corp.* 1,100 44,187 Hubbell, Inc., Class B 2,100 101,304 II-VI, Inc.* 1,100 37,235 Integrated Device Technology, Inc.* 7,990 123,206 International Rectifier Corp.* 2,600 99,346 Intersil Corp., Class A 5,500 145,695 Itron, Inc.* 1,000 65,040 Jabil Circuit, Inc. 8,500 181,985 KEMET Corp.* 1,500 11,475 KLA-Tencor Corp. 9,000 479,880 Lam Research Corp.* 5,700 269,838 Lattice Semiconductor Corp.* 3,900 22,815 Linear Technology Corp. 12,000 379,080 LSI Logic Corp.* 15,200 158,688 Maxim Integrated Products, Inc. 12,836 377,379 Micrel, Inc.* 2,800 30,856 Micron Technology, Inc.* 28,714 346,865 Microsemi Corp.* 2,900 60,349 MKS Instruments, Inc.* 2,300 58,696 Multi-Fineline Electronix, Inc.* 600 9,210 National Semiconductor Corp. 12,700 306,578 Newport Corp.* 1,600 26,192

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Novellus Systems, Inc.* 4,556 145,883 OmniVision Technologies, Inc.* 1,000 12,960 ON Semiconductor Corp.* 13,000 115,960 Photronics, Inc.* 600 9,330 PMC-Sierra, Inc.* 8,400 58,884 QLogic Corp.* 5,800 98,600 Rambus, Inc.* 4,400 93,500 Rockwell Automation Inc. 6,400 383,168 Sanmina Corp.* 21,220 76,816 Sigmatel, Inc.* 1,000 3,140 Silicon Image, Inc.* 2,600 21,216 Silicon Laboratories, Inc.* 2,100 62,832 Skyworks Solutions, Inc.* 6,500 37,375 Solectron Corp.* 36,200 114,030 Synopsys, Inc.* 4,900 128,527 Taser International, Inc.* 1,000 8,030 Tech Data Corp.* 1,300 46,553 Technitrol, Inc. 1,500 39,285 Tektronix, Inc. 3,000 84,480 Teradyne, Inc.* 7,100 117,434 Tessera Technologies, Inc.* 1,600 63,584 Texas Instruments, Inc. 57,600 1,733,760 Thermo Electron Corp.* 15,523 725,700 Thomas & Betts Corp.* 2,300 112,286 Trimble Navigation Ltd.* 3,900 104,676 TriQuint Semiconductor, Inc.* 5,100 25,500 Vishay Intertechnology, Inc.* 6,430 89,891 Vitesse Semiconductor Corp.* 7,500 8,400 Zoran Corp.* 1,700 28,934 15,102,539 Energy — 1.8% Centerpoint Energy, Inc. 12,850 230,529 ChevronTexaco Corp. 87,247 6,452,788 CONSOL Energy, Inc. 7,000 273,910 DTE Energy Co. 6,800 325,720 Energy East Corp. 5,900 143,724 Entergy Corp. 7,500 786,900 Evergreen Energy, Inc.* 2,600 17,082 Evergreen Solar, Inc.* 2,100 20,475 Kinder Morgan, Inc. 3,200 340,640 NRG Energy, Inc.* 5,200 374,608

SHARES VALUE COMMON STOCKS (Continued) Energy (Continued) Peabody Energy Corp. 11,100 446,664 Progress Energy, Inc. 10,200 514,488 Sempra Energy 10,010 610,710 Syntroleum Corp.* 1,700 5,304

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Watts Industries, Inc., Class A 400 15,212 10,558,754 Environmental Services — 0.0% Compagnie Generale de Geophysique-Veritas* 1,406 58,560 Headwaters, Inc.* 1,500 32,775 Mine Safety Appliances Co. 800 33,648 Rollins, Inc. 2,350 54,073 179,056 Facility Services — 0.0% ABM Industries, Inc. 1,800 47,502

Financial Services — 9.0% A.G. Edwards, Inc. 3,100 214,458 Advanta Corp., Class B 200 8,768 Affiliated Managers Group, Inc.* 600 65,010 AMBAC Financial Group, Inc. 2,850 246,212 American Capital Strategies Ltd. 6,100 270,291 American Express Co. 50,600 2,853,840 AmeriCredit Corp.* 4,900 112,014 Ameriprise Financial, Inc. 10,040 573,686 Asset Acceptance Capital Corp.* 1,300 20,111 Bank of Hawaii Corp. 1,900 100,757 BlackRock, Inc. 500 78,155 Capital One Financial Corp. 12,772 963,775 CapitalSource, Inc. 4,992 125,449 Cash America International, Inc. 1,200 49,200 Charles Schwab Corp. 50,700 927,303 CIT Group, Inc. 7,600 402,192 Citigroup, Inc. 203,789 10,462,527 Citizens Banking Corp. 2,894 64,131 Cohen & Steers, Inc. 1,500 64,620 Commerce Bancorp, Inc. 7,500 250,350 CompuCredit Corp.* 1,700 53,074 Countrywide Credit Industries, Inc. 23,100 777,084 Cullen/Frost Bankers, Inc. 2,100 109,893 Dun & Bradstreet Corp.* 1,800 164,160 E*Trade Group, Inc.* 16,200 343,764 Eaton Vance Corp. 4,400 156,816 eFunds Corp.* 1,800 47,988 Equifax, Inc. 4,400 160,380 eSPEED, Inc., Class A* 400 3,800 Fannie Mae 39,000 2,128,620 Federated Investors, Inc., Class B 3,600 132,192 Financial Federal Corp. 300 7,896 First Commonwealth Financial Corp. 2,200 25,850 First Midwest Bancorp, Inc. 1,500 55,125 FirstMerit Corp. 3,000 63,330 Franklin Resources, Inc. 8,000 966,640 Fremont General Corp. 2,800 19,404 Greenhill & Co., Inc. 900 55,251 H&R Block, Inc. 12,900 271,416

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document IndyMac Bancorp, Inc. 2,400 76,920 Interactive Data Corp. 3,200 79,200 International Securities Exchange Holdings, Inc. 1,400 68,320 Investment Technology Group, Inc.* 1,500 58,800 Investors Financial Services Corp. 1,700 98,855 Irwin Financial Corp. 400 7,456 J.P. Morgan Chase & Co. 138,508 6,701,017 Jackson Hewitt Tax Service, Inc. 500 16,090 Janus Capital Group, Inc. 7,100 148,461 Jefferies Group, Inc. 4,300 124,485 KeyCorp 15,400 577,038 Knight Capital Group, Inc., Class A* 4,200 66,528 LaBranche & Co., Inc.* 500 4,080 Legg Mason, Inc. 2,850 268,499 Lehman Brothers Holdings, Inc. 20,300 1,422,421 MBIA, Inc. 4,900 320,901 MCG Capital Corp. 1,900 35,644 Mellon Financial Corp. 15,700 677,298 Merrill Lynch & Co., Inc. 34,100 2,784,947 MoneyGram International, Inc. 2,900 80,504 Morgan Stanley Dean Witter & Co. 42,600 3,355,176 Municipal Mortgage & Equity, L. L. C. 700 19,950 Nasdaq Stock Market, Inc.* 4,000 117,640 Nelnet, Inc., Class A 1,000 23,970 Nuveen Investments, Class A 2,800 132,440 NYSE Group, Inc.* 5,600 525,000 Ocwen Financial Corp.* 2,900 37,323 Piper Jaffray Cos., Inc.* 360 22,298 Protective Life Corp. 2,400 105,696 Prudential Financial, Inc. 18,700 1,687,862 Raymond James Financial, Inc. 3,900 116,064 Sky Financial Group, Inc. 4,000 107,440 SLM Corp. 14,800 605,320 State Street Corp. 12,600 815,850 Susquehanna Bancshares, Inc. 1,900 44,061 Synovus Financial Corp. 13,000 420,420 T. Rowe Price Group, Inc. 10,000 471,900 TD Ameritrade Holding Corp.* 23,200 345,216 The Bear Stearns Cos., Inc. 3,500 526,225 The First Marblehead Corp. 3,800 170,582 The Goldman Sachs Group, Inc. 12,500 2,582,875 The South Financial Group, Inc. 2,700 66,744 The Student Loan Corp. 400 74,368 Waddell & Reed Financial, Inc., Class A 2,717 63,360 Wells Fargo & Co. 135,080 4,650,804 Wilmington Trust Corp. 2,500 105,425 World Acceptance Corp.* 900 35,955 54,242,960 Food & Beverages — 3.3% American Italian Pasta Co., Class A* 300 3,150 Anheuser-Busch Cos., Inc. 32,300 1,629,858

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Archer-Daniels-Midland Co. 26,277 964,366 Brown Forman Corp., Class B 2,000 131,120 Campbell Soup Co. 16,300 634,885 Chiquita Brands International, Inc. 500 7,010 Coca-Cola Co. 93,800 4,502,400 Coca-Cola Enterprises, Inc. 20,200 409,050 ConAgra, Inc. 21,200 528,092 Constellation Brands, Inc., Class A* 7,600 160,968 Corn Products International, Inc. 2,700 96,093 Dean Foods Co.* 5,184 242,300 Del Monte Foods Co. 7,188 82,518 Flowers Foods, Inc. 2,225 67,128 General Mills, Inc. 13,500 785,970 H.J. Heinz Co. 13,200 621,984 Hain Celestial Group, Inc.* 1,400 42,098 Hershey Foods Corp. 6,300 344,358 Hormel Foods Corp. 5,500 204,545 Interstate Bakeries Corp.* 1,300 4,875 Kellogg Co. 15,900 817,737 Kraft Foods, Inc., Class A 18,300 579,378

SHARES VALUE COMMON STOCKS (Continued) Food & Beverages (Continued) McCormick & Co., Inc. 4,300 165,636 Molson Coors Brewing Co., Class B 2,300 217,626 Panera Bread Co., Class A* 300 17,718 PepsiAmericas, Inc. 4,400 98,208 PepsiCo, Inc. 65,690 4,175,256 Performance Food Group Co.* 800 24,696 Pilgrim’s Pride Corp. 2,700 89,613 Ralcorp Holdings, Inc.* 500 32,150 Sanderson Farms, Inc. 400 14,824 Sara Lee Corp. 29,300 495,756 Smithfield Foods, Inc.* 4,000 119,800 SYSCO Corp. 24,700 835,601 The J.M. Smucker Co. 1,329 70,862 Tootsie Roll Industries, Inc. 578 17,318 TreeHouse Foods, Inc.* 816 24,864 Triarc Cos, Inc. 2,300 39,537 Triarc Cos., Inc., Class A 200 3,746 Tyson Foods, Inc., Class A 10,402 201,903 Wm. Wrigley Jr. Co. 8,725 444,364 19,949,361 Forest & Paper Products — 0.5% Domtar Corp. 23,235 216,318 International Paper Co. 18,724 681,554 Kimberly-Clark Corp. 18,300 1,253,367 P.H. Glatfelter Co. 700 10,437

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Smurfit-Stone Container Corp.* 9,700 109,222 Universal Forest Products, Inc. 200 9,910 Wausau-Mosinee Paper Corp. 800 11,488 Weyerhaeuser Co. 9,415 703,677 2,995,973 Funeral Services — 0.0% Service Corp. International 11,710 138,881 Stewart Enterprises, Inc., Class A 3,000 24,180 163,061 Health Care - Biotechnology — 1.8% Affymetrix, Inc.* 2,700 81,189 Alexion Pharmaceuticals, Inc.* 1,000 43,240 Amgen, Inc.* 46,622 2,605,237 Applera Corp. - Celera Genomics Group.* 2,000 28,400 Arena Pharmaceuticals ,Inc.* 1,500 16,290 AtheroGenics, Inc.* 600 1,686 Biogen Idec, Inc.* 13,505 599,352 BioMarin Pharmaceutical, Inc.* 3,200 55,232 Biosite, Inc.* 200 16,794 Cambrex Corp. 500 12,300 Charles River Laboratories International, Inc.* 2,588 119,721 CV Therapeutics, Inc.* 1,400 11,018 Digene Corp.* 200 8,482 Encysive Pharmaceuticals, Inc.* 1,700 4,607 Enzon, Inc.* 500 4,075 Exelixis, Inc.* 3,800 37,772 Genentech, Inc.* 29,400 2,414,328 Genzyme Corp.* 9,900 594,198 Gilead Sciences, Inc.* 18,400 1,407,600 Illumina, Inc.* 1,700 49,810 ImClone Systems, Inc.* 2,700 110,079 Incyte Corp.* 2,000 13,180 Integra LifeSciences Holdings* 400 18,232 InterMune, Inc.* 1,300 32,058 LifeCell Corp.* 1,000 24,970 Martek Biosciences Corp.* 600 12,372 Medarex, Inc.* 5,000 64,700 Medtronic, Inc. 46,000 2,256,760 Myriad Genetics, Inc.* 1,300 44,798 Nabi Biopharmaceuticals* 1,600 8,496 Nuvelo, Inc.* 1,600 5,888 PDL BioPharma, Inc.* 4,400 95,480 Pharmaceutical Product Development, Inc. 3,900 131,391 Regeneron Pharmaceuticals, Inc.* 2,300 49,726 Tanox, Inc.* 1,100 20,636 Techne Corp.* 800 45,680 Telik, Inc.* 1,900 10,317 The Medicines Co.* 1,700 42,636 Trimeris, Inc.* 300 2,064 11,100,794 Health Care - Drugs — 3.8%

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Abbott Laboratories 64,800 3,615,840 Abraxis Bioscience, Inc.* 6,250 166,937 Adolor Corp.* 1,600 14,000 Alkermes, Inc.* 4,179 64,524 Alpharma, Inc., Class A 1,700 40,936 AmerisourceBergen Corp. 7,118 375,474 Amylin Pharmaceuticals, Inc.* 4,400 164,384 Barr Laboratories, Inc.* 3,825 177,289 Bristol-Myers Squibb Co. 80,800 2,243,008 Celgene Corp.* 15,900 834,114 Cephalon, Inc.* 2,300 163,783 Cubist Pharmaceuticals, Inc.* 1,600 35,312 Dendreon Corp.* 600 7,758 Eli Lilly & Co. 45,300 2,433,063 Forest Laboratories, Inc.* 12,700 653,288 Impax Laboratories, Inc.* 700 7,154 Inspire Pharmaceuticals, Inc.* 400 2,280 Isis Pharmaceuticals, Inc.* 2,900 26,883 K-V Pharmaceutical Co., Class A* 1,500 37,095 King Pharmaceuticals, Inc.* 9,249 181,928 Ligand Pharmaceuticals, Inc., Class B* 900 9,072 MannKind Corp.* 1,600 22,880 Medicis Pharmaceutical Corp., Class A 1,300 40,066 MedImmune, Inc.* 9,130 332,241 Millennium Pharmaceuticals, Inc.* 12,600 143,136 Mylan Laboratories, Inc. 6,425 135,825 Neurocrine Biosciences, Inc.* 800 10,000 New River Pharmaceuticals, Inc.* 1,200 76,356 NPS Pharmaceuticals, Inc.* 500 1,695 Onyx Pharmaceuticals, Inc.* 1,300 32,292 OSI Pharmaceuticals, Inc.* 2,200 72,600 Par Pharmaceutical Cos., Inc.* 700 17,584 Pfizer, Inc. 288,375 7,284,352 Pharmion Corp.* 1,200 31,548 Sciele Pharma, Inc.* 1,300 30,784 Sepracor, Inc.* 3,900 181,857 United Therapeutics Corp.* 200 10,756 Valeant Pharmaceuticals International 3,000 51,870 Vertex Pharmaceuticals, Inc.* 4,000 112,160 ViroPharma, Inc.* 2,700 38,745 Watson Pharmaceuticals, Inc.* 3,900 103,077 Wyeth 53,800 2,691,614 Zymogenetics, Inc.* 3,200 49,792 22,725,352 Health Care - Products — 3.3% Advanced Medical Optics, Inc.* 1,874 69,713 Align Technology, Inc.* 2,500 39,650 Allergan, Inc. 3,800 421,116 American Medical Systems Holdings, Inc.* 2,100 44,457 Arrow International, Inc. 1,800 57,888

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SHARES VALUE COMMON STOCKS (Continued) Health Care - Products (Continued) ArthroCare Corp.* 200 7,208 Bausch & Lomb, Inc. 2,300 117,668 Beckman Coulter, Inc. 2,600 166,114 Becton, Dickinson & Co. 9,400 722,766 Biomet, Inc. 8,900 378,161 Boston Scientific Corp.* 40,475 588,506 C.R. Bard, Inc. 3,700 294,187 CONMED Corp.* 500 14,615 Cooper Cos., Inc. 1,155 56,156 Cyberonics, Inc.* 400 7,512 Cytyc Corp.* 3,800 129,998 Dade Behring Holdings, Inc. 2,900 127,165 Datascope Corp. 300 10,857 DENTSPLY International, Inc. 5,734 187,789 Eclipsys Corp.* 300 5,781 Edwards Lifesciences Corp.* 1,400 70,980 Haemonetics Corp.* 500 23,375 Henry Schein, Inc.* 3,000 165,540 Hologic, Inc.* 1,600 92,224 Hospira, Inc.* 5,440 222,496 Human Genome Sciences, Inc.* 4,700 49,914 Immucor, Inc.* 2,175 64,010 Invacare Corp. 500 8,720 Invitrogen Corp.* 1,300 82,745 Johnson & Johnson 116,012 6,990,883 Kinetic Concepts, Inc.* 2,100 106,344 Mentor Corp. 1,700 78,200 Merck & Co., Inc. 86,800 3,833,956 MGI Pharma, Inc.* 2,800 62,916 Nektar Therapeutics* 3,500 45,710 Patterson Cos., Inc.* 5,000 177,450 Perrigo Co. 3,200 56,512 PolyMedica Corp. 500 21,165 PSS World Medical, Inc.* 2,900 61,306 ResMed, Inc.* 2,300 115,851 Respironics, Inc.* 2,700 113,373 Schering-Plough Corp. 59,500 1,517,845 Sirona Dental Systems, Inc. 1,900 65,474 St. Jude Medical, Inc.* 13,400 503,974 Stryker Corp. 15,400 1,021,328 Thoratec Corp.* 2,100 43,890 USANA Health Sciences, Inc.* 200 9,374 Varian Medical Systems, Inc.* 4,800 228,912 Ventana Medical Systems, Inc.* 1,400 58,660 Viasys Healthcare, Inc.* 1,500 50,985 West Pharmaceutical Services, Inc. 800 37,144

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Wright Medical Group, Inc.* 400 8,916 Zimmer Holdings, Inc.* 8,380 715,736 20,153,215 Health Care - Services — 2.3% Allscripts Heathcare Solutions, Inc.* 1,900 50,939 Amedisys, Inc.* 1,100 35,673 AMERIGROUP Corp.* 2,200 66,880 AmSurg Corp.* 300 7,347 Apria Healthcare Group, Inc.* 1,800 58,050 Baxter International, Inc. 26,200 1,379,954 Cardinal Health, Inc. 15,900 1,159,905 Centene Corp.* 1,800 37,782 Cerner Corp.* 2,600 141,570 Community Health Care* 3,300 116,325 Covance, Inc.* 2,300 136,482 Coventry Health Care, Inc.* 6,350 355,917 DaVita, Inc.* 3,500 186,620 Emdeon Corp.* 11,100 167,943 Express Scripts, Inc.* 4,200 339,024 Genesis HealthCare Corp.* 150 9,466 Health Management Associates, Inc., Class A 8,700 94,569 Health Net, Inc.* 3,900 209,859 HealthExtras, Inc.* 1,300 37,414 Healthspring, Inc.* 500 11,775 Healthways, Inc.* 500 23,375 Humana, Inc.* 5,500 319,110 IMS Health, Inc. 7,700 228,382 Kindred Healthcare, Inc.* 1,800 59,004 Laboratory Corp. of America Holdings* 5,000 363,150 LifePoint Hospitals, Inc.* 233 8,905 Lincare Holdings, Inc.* 3,600 131,940 Magellan Health Services, Inc.* 1,200 50,400 Manor Care, Inc. 2,200 119,592 McKesson HBOC, Inc. 11,000 643,940 Medco Health Solutions, Inc.* 11,469 831,847 MedQuist, Inc.* 500 4,970 Molina Healthcare, Inc.* 1,000 30,590 Odyssey Healthcare, Inc.* 400 5,252 Omnicare, Inc. 4,100 163,057 PAREXEL International Corp.* 1,000 35,970 Pediatrix Medical Group, Inc.* 1,200 68,472 Psychiatric Solutions, Inc.* 1,700 68,527 Quality Systems, Inc. 1,200 48,000 Quest Diagnostics, Inc. 7,500 374,025 Sierra Health Services, Inc.* 1,800 74,106 STERIS Corp. 2,100 55,776 Sunrise Assisted Living, Inc.* 1,400 55,328 Tenet Healthcare Corp.* 17,950 115,418 The TriZetto Group, Inc.* 1,300 26,013 Triad Hospitals, Inc.* 2,787 145,621 United Surgical Partners International, Inc.* 1,600 49,296

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UnitedHealth Group, Inc. 51,414 2,723,400 Universal Health Services, Inc., Class B 1,300 74,438 VCA Antech, Inc.* 2,600 94,406 WellCare Health Plans, Inc.* 1,300 110,825 Wellpoint, Inc.* 22,978 1,863,516 13,570,145 Hotels & Restaurants — 0.1% Wyndham Worldwide Corp.* 7,609 259,847 Wynn Resorts Ltd. 3,200 303,552 563,399 Household Appliances & Home Furnishings — 0.0% American Woodmark Corp. 200 7,352 Kimball International, Inc., Class B 1,000 19,280 Tempur-Pedic International, Inc. 2,400 62,376 Whirlpool Corp. 1,867 158,527 247,535 Household Products — 0.1% Black & Decker Corp. 2,300 187,726 Church & Dwight Co., Inc. 2,500 125,875 Ethan Allen Interiors, Inc. 800 28,272 Furniture Brands International, Inc. 1,000 15,780 357,653 Instruments - Scientific — 0.1% Applera Corp. - Applied Biosystems Group 4,700 138,979 Bruker BioSciences Corp.* 3,900 41,028 ev3, Inc.* 2,200 43,340 FEI Co.* 600 21,636 Gen-Probe, Inc.* 1,200 56,496 Greatbatch, Inc.* 300 7,650

SHARES VALUE COMMON STOCKS (Continued) Instruments - Scientific (Continued) Intuitive Surgical, Inc.* 400 48,628 Kyphon, Inc.* 1,500 67,710 Millipore Corp.* 2,000 144,940 Symmetry Medical, Inc.* 200 3,266 Waters Corp.* 3,400 197,200 770,873 Insurance — 4.4% 21st Century Insurance Group 3,100 65,720 Aetna, Inc. 21,900 959,001 AFLAC, Inc. 19,900 936,494 Alfa Corp. 3,400 62,832 Allstate Corp. 25,200 1,513,512 American Equity Investment Life Holding Co. 1,800 23,634 American Financial Group, Inc. 5,000 170,200 American International Group, Inc. 109,145 7,336,727

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document American National Insurance Co. 400 51,172 Aon Corp. 12,600 478,296 Argonaut Group, Inc.* 1,000 32,360 Arthur J. Gallagher & Co. 3,200 90,656 Assurant, Inc. 4,400 235,972 Brown & Brown, Inc. 4,700 127,135 Chubb Corp. 16,500 852,555 CIGNA Corp. 3,700 527,842 Cincinnati Financial Corp. 6,614 280,434 CNA Financial Corp.* 10,300 443,827 CNA Surety Corp.* 900 18,990 Conseco, Inc.* 6,800 117,640 Delphi Financial Group, Inc., Class S 1,675 67,385 Erie Indemnity Co., Class A 1,400 73,878 FBL Financial Group, Inc., Class A 200 7,826 Fidelity National Title Group, Inc., Class A 7,004 168,166 Great American Financial Resources, Inc. 1,700 41,616 Hanover Insurance Group, Inc. 1,100 50,732 Harleysville Group, Inc. 600 19,494 Hartford Financial Services Group, Inc. 9,600 917,568 HCC Insurance Holdings, Inc. 4,500 138,600 Hilb, Rogal & Hamilton Co. 1,300 63,765 Horace Mann Educators Corp. 1,700 34,935 Infinity Property & Casualty Corp. 400 18,744 LandAmerica Financial Group, Inc. 300 22,173 Lincoln National Corp. 10,333 700,474 Loews Corp. 22,000 999,460 Manulife Financial Corp. 12,326 424,631 Markel Corp.* 100 48,483 Marsh & McLennan Cos., Inc. 22,000 644,380 Mercury General Corp. 1,300 68,952 MetLife, Inc. 30,400 1,919,760 MGIC Investment Corp. 2,700 159,084 Nationwide Financial Services, Inc., Class A 1,600 86,176 Odyssey Re Holdings Corp. 2,100 82,551 Ohio Casualty Corp. 1,900 56,905 Old Republic International Corp. 8,775 194,103 Philadelphia Consolidated Holding Corp.* 2,400 105,576 Principal Financial Group, Inc. 10,000 598,700 ProAssurance Corp.* 500 25,575 Radian Group, Inc. 2,400 131,712 Reinsurance Group of America, Inc. 1,600 92,352 RLI Corp. 500 27,465 Safeco Corp. 3,600 239,148 Selective Insurance Group, Inc. 1,000 25,460 StanCorp Financial Group, Inc. 1,400 68,838 State Auto Financial Corp. 1,600 51,408 Stewart Information Services Corp. 300 12,537 The Commerce Group, Inc. 2,600 78,104 The First American Corp. 3,300 167,376 The Navigators Group, Inc.* 100 5,017

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document The Phoenix Companies, Inc. 2,100 29,148 The PMI Group, Inc. 2,500 113,050 The Progressive Corp. 29,700 648,054 The Travelers Companies, Inc. 26,241 1,358,496 Torchmark, Inc. 3,900 255,801 Transatlantic Holdings, Inc. 1,700 110,704 Triad Guaranty, Inc.* 200 8,282 United Fire & Casualty Co. 700 24,591 Unitrin, Inc. 1,800 84,726 Universal American Financial Corp.* 1,652 32,016 UnumProvident Corp. 13,680 315,050 W.R. Berkley Corp. 7,705 255,190 Zenith National Insurance Corp. 1,200 56,724 26,255,940 Internet Services — 1.0% Akamai Technologies, Inc.* 6,254 312,200 Ariba, Inc.* 633 5,950 CACI International, Inc., Class A* 600 28,116 CMGI, Inc.* 4,000 8,480 CNET Networks, Inc.* 5,300 46,163 Cogent Communications Group, Inc.* 2,000 47,260 Digital River, Inc.* 1,400 77,350 EarthLink, Inc.* 4,500 33,075 Equinix, Inc.* 200 17,126 Expedia, Inc.* 10,158 235,462 F5 Networks, Inc.* 1,400 93,352 GSI Commerce, Inc.* 900 20,331 IAC/InterActiveCorp* 10,158 383,058 j2 Global Communications, Inc.* 1,800 49,896 Juniper Networks, Inc.* 22,606 444,886 Jupitermedia Corp.* 400 2,648 Liberty Media Holding Corp. – Interactive, Class A* 24,150 575,253 Monster Worldwide, Inc.* 4,000 189,480 Move, Inc.* 5,800 32,132 Netflix, Inc.* 1,800 41,742 NetRatings, Inc.* 400 8,320 Overstock.com, Inc.* 200 3,320 Priceline.com, Inc.* 1,500 79,890 Qwest Communications International, Inc.* 74,729 671,814 Real Networks, Inc.* 5,500 43,175 S1 Corp.* 1,300 7,800 SafeNet, Inc.* 400 11,320 Total System Services, Inc. 7,500 238,875 United Online, Inc. 2,150 30,164 ValueClick, Inc.* 3,400 88,842 VeriSign, Inc.* 9,315 233,993 WebEx Communications, Inc.* 1,600 90,976 Websense, Inc.* 1,600 36,784 Yahoo!, Inc.* 54,310 1,699,360 5,888,593 Leisure — 0.9%

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Ameristar Casinos, Inc. 1,800 57,798 Bally Technologies, Inc.* 1,600 37,728 Boyd Gaming Corp. 3,400 161,976 Brunswick Corp. 3,500 111,475 Choice Hotels International, Inc. 2,700 95,661 Escala Group, Inc.* 1,000 4,030 Gaylord Entertainment Co.* 700 37,009 Harrah’s Entertainment, Inc. 7,003 591,403 Hilton Hotels Corp. 15,500 557,380

SHARES VALUE COMMON STOCKS (Continued) Leisure (Continued) International Game Technology 13,400 541,092 International Speedway Corp., Class A 500 25,850 Isle of Capri Casinos, Inc.* 1,300 33,306 K2, Inc.* 500 6,045 Life Time Fitness, Inc.* 1,300 66,833 Marriott International, Inc., Class A 15,700 768,672 MGM Mirage, Inc.* 10,300 716,056 Multimedia Games, Inc.* 700 8,330 Penn National Gaming, Inc.* 2,700 114,534 Pinnacle Entertainment, Inc.* 2,000 58,140 Sabre Holdings Corp., Class A 4,516 147,899 Scientific Games Corp., Class A* 3,100 101,773 Shuffle Master, Inc.* 600 10,950 Six Flags, Inc.* 3,200 19,232 Speedway Motorsports, Inc. 2,000 77,500 Starwood Hotels & Resorts Worldwide, Inc. 7,800 505,830 Station Casinos, Inc. 1,850 160,155 The Marcus Corp. 200 4,652 Topps Co., Inc. 900 8,748 Vail Resorts, Inc.* 1,400 76,062 WMS Industries, Inc.* 500 19,620 5,125,739 Machinery — 0.8% Albany International Corp., Class A 400 14,376 Applied Industrial Technologies, Inc. 1,675 41,104 Baldor Electric Co. 1,700 64,158 CARBO Ceramics, Inc. 300 13,965 Caterpillar, Inc. 27,100 1,816,513 Deere & Co. 8,200 890,848 Dover Corp. 8,200 400,242 Dril-Quip, Inc.* 1,600 69,248 Flowserve Corp.* 1,800 102,942 Gardner Denver, Inc.* 1,900 66,215 Graco, Inc. 2,650 103,774 IDEX Corp. 2,000 101,760 Joy Global, Inc. 3,900 167,310

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Kennametal, Inc. 700 47,327 Lone Star Technologies, Inc.* 400 26,412 National-Oilwell, Inc.* 7,005 544,919 Regal-Beloit Corp. 300 13,914 Sauer-Danfoss, Inc. 1,500 45,150 SPX Corp. 2,000 140,400 Terex Corp.* 3,600 258,336 The Manitowoc Co., Inc. 2,200 139,766 Universal Compression Holdings, Inc.* 300 20,304 Woodward Governor Co. 600 24,702 5,113,685 Manufacturing — 0.4% Alberto-Culver Co. 3,500 80,080 American Standard Cos., Inc. 8,000 424,160 AptarGroup, Inc. 700 46,851 Ball Corp. 4,200 192,570 Blount International, Inc.* 1,400 17,430 Briggs & Stratton Corp. 2,100 64,785 CLARCOR, Inc. 1,800 57,240 Cognex Corp. 1,500 32,505 Donaldson Co., Inc. 3,400 122,740 Eaton Corp. 5,300 442,868 Leggett & Platt, Inc. 6,300 142,821 Lennox International, Inc. 2,100 74,970 Mueller Water Products, Inc. 2,313 30,971 Nordson Corp. 400 18,584 Packaging Corp. of America 3,500 85,400 Pall Corp. 4,200 159,600 Polaris Industries, Inc. 800 38,384 Quanex Corp. 1,450 61,408 The Brink’s Co. 1,200 76,140 Varian, Inc.* 500 29,130 Verigy Ltd.* 2,056 48,254 Wabtec Corp. 2,000 68,980 Zebra Technologies Corp., Class A* 1,875 72,394 2,388,265 Metals & Mining — 0.7% Alcoa, Inc. 36,500 1,237,350 Alpha Natural Resources, Inc.* 600 9,378 AMCOL International Corp. 1,000 29,650 Arch Coal, Inc. 5,400 165,726 Century Aluminum Co.* 1,349 63,241 Cleveland-Cliffs, Inc. 800 51,208 Coeur d’Alene Mines Corp.* 11,100 45,621 Commercial Metals Co. 4,600 144,210 Compass Minerals International, Inc. 1,000 33,400 Freeport-McMoran Copper & Gold, Inc., Class B 11,118 735,901 Gibraltar Industries, Inc. 1,000 22,620 Hecla Mining Co.* 4,300 38,958 Kaydon Corp. 500 21,280 Massey Energy Co. 3,000 71,970

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document MSC Industrial Direct Co., Inc., Class A 1,000 46,680 Mueller Industries, Inc. 500 15,050 Newmont Mining Corp. 16,900 709,631 Precision Castparts Corp. 4,524 470,722 Stillwater Mining Co.* 3,300 41,877 Titanium Metals Corp.* 8,148 292,350 USEC, Inc.* 3,300 53,625 4,300,448 Multimedia — 2.3% A.H. Belo Corp. Series A 3,500 65,345 CBS Corp., Class A 1,700 52,037 CBS Corp., Class B 30,207 924,032 DreamWorks Animation SKG, Inc., Class A* 1,300 39,754 Emmis Communications Corp., Class A 1,082 9,132 Gannett Co., Inc. 8,600 484,094 Gemstar-TV Guide International, Inc.* 16,661 69,810 Idearc, Inc. 5,510 193,401 Macrovision Corp.* 1,700 42,585 Martha Stewart Living Omnimedia, Inc., Class A 200 3,402 McGraw-Hill Cos, Inc. 14,200 892,896 Media General, Inc., Class A 400 15,264 Meredith Corp. 900 51,651 News Corp., Class A 39,500 966,565 News Corp., Class B 87,044 2,012,457 The E.W. Scripps Co., Class A 4,600 205,528 Time Warner, Inc. 152,600 3,009,272 Tribune Co. 10,900 349,999 Triple Crown Media, Inc.* 50 420 Viacom, Inc., Class A* 1,700 69,802 Viacom, Inc., Class B* 24,747 1,017,349 Walt Disney Co. 83,440 2,872,839 Warner Music Group Corp. 5,300 90,418 XM Satellite Radio Holdings, Inc., Class A* 10,200 131,784 13,569,836 Office Equipment — 0.2% Global Imaging Systems, Inc.* 2,000 39,000 IKON Office Solutions, Inc. 5,000 71,850

SHARES VALUE COMMON STOCKS (Continued) Office Equipment (Continued) Lexmark International Group, Inc., Class A* 3,400 198,764 Pitney Bowes, Inc. 8,400 381,276 Xerox Corp.* 37,900 640,131 1,331,021 Office Furnishings & Supplies — 0.1% Aaron Rents, Inc. 1,500 39,660 Acco Brands Corp.* 2,069 49,842

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Avery Dennison Corp. 4,000 257,040 Herman Miller, Inc. 2,600 87,074 HNI Corp. 1,800 82,674 Interface, Inc.* 1,700 27,183 Knoll, Inc. 100 2,383 OfficeMax, Inc. 2,100 110,754 Steelcase, Inc., Class A 2,200 43,758 700,368 Oil & Gas — 7.4% AGL Resources, Inc. 3,100 132,432 Anadarko Petroleum Corp. 17,400 747,852 Apache Corp. 13,884 981,599 Aquila, Inc.* 15,000 62,700 Atmos Energy Corp. 3,700 115,736 ATP Oil & Gas Corp.* 1,000 37,600 Atwood Oceanics, Inc.* 1,200 70,428 Baker Hughes, Inc. 13,500 892,755 Berry Petroleum Co., Class A 1,600 49,056 BJ Services Co. 11,700 326,430 Cabot Oil & Gas Corp., Class A 1,750 117,810 Cameron International Corp.* 3,900 244,881 Carrizo Oil & Gas, Inc.* 1,100 38,456 Cheniere Energy, Inc.* 1,200 37,380 Chesapeake Energy Corp. 18,700 577,456 Cimarex Energy Co. 2,810 104,026 CNX Gas Corp.* 5,700 161,481 Complete Production Services, Inc.* 3,000 59,730 Comstock Resources, Inc.* 1,100 30,118 ConocoPhillips 65,878 4,502,761 Delta Petroleum Corp.* 1,900 43,624 Denbury Resources, Inc.* 4,800 142,992 Devon Energy Corp. 16,740 1,158,743 Diamond Offshore Drilling, Inc. 4,400 356,180 Dresser-Rand Group, Inc.* 3,100 94,426 El Paso Corp. 28,253 408,821 Encore Aquisition Co.* 1,750 42,333 Energen Corp. 2,500 127,225 Energy Partners Ltd.* 1,000 18,150 ENSCO International, Inc. 6,100 331,840 EOG Resources, Inc. 9,200 656,328 Equitable Resources, Inc. 4,300 207,776 EXCO Resources, Inc.* 900 14,922 Exxon Mobil Corp. 233,264 17,599,769 FMC Technologies, Inc.* 2,500 174,400 Forest Oil Corp.* 2,300 76,751 Frontier Oil Corp. 3,600 117,504 Goodrich Petroleum Corp.* 1,100 36,993 Grant Prideco, Inc.* 4,600 229,264 Grey Wolf, Inc.* 6,900 46,230 Halliburton Co. 39,200 1,244,208 Hanover Compressor Co.* 3,700 82,325

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Helix Energy Solutions Group, Inc.* 2,730 101,802 Helmerich & Payne, Inc. 4,100 124,394 Hess Corp. 11,200 621,264 Holly Corp. 1,400 83,020 Hornbeck Offshore Services, Inc.* 1,000 28,650 Houston Exploration Co.* 500 26,975 Hugoton Royalty Trust 649 16,342 Hydril Co.* 200 19,248 Key Energy Services, Inc.* 2,900 47,415 Marathon Oil Corp. 12,501 1,235,474 Mariner Energy, Inc.* 3,271 62,574 Murphy Oil Corp. 7,100 379,140 National Fuel Gas Co. 2,900 125,454 New Jersey Resources Corp. 500 25,025 Newfield Exploration Co.* 4,300 179,353 Newpark Resources, Inc.* 2,600 18,330 Nicor, Inc. 1,500 72,630 Noble Energy, Inc. 6,368 379,851 Occidental Petroleum Corp. 33,480 1,650,899 Oceaneering International, Inc.* 1,900 80,028 Oil States International, Inc.* 1,600 51,344 ONEOK, Inc. 4,200 189,000 Parallel Petroleum Corp.* 1,300 29,835 Parker Drilling Co.* 4,100 38,499 Patterson-UTI Energy, Inc. 6,200 139,128 Penn Virginia Corp. 200 14,680 Petrohawk Energy Corp.* 6,410 84,420 Piedmont Natural Gas Co., Inc. 2,300 60,674 Pioneer Natural Resources Co. 4,902 211,325 Plains Exploration & Production Co.* 2,700 121,878 Pogo Producing Co. 1,700 81,770 Pride International, Inc.* 6,600 198,660 Quicksilver Resources, Inc.* 2,900 115,333 Range Resources Corp. 4,700 156,980 Rowan Cos., Inc. 4,400 142,868 RPC, Inc. 4,875 81,217 SEACOR Holdings, Inc.* 300 29,520 Smith International, Inc. 7,700 369,985 South Jersey Industries, Inc. 400 15,220 Southern Union Co. 4,288 130,312 Southwestern Energy Co.* 6,400 262,272 Spectra Energy Corp. 23,478 616,767 St. Mary Land & Exploration Co. 1,700 62,356 Sunoco, Inc. 3,800 267,672 Superior Energy Services, Inc.* 2,300 79,281 Swift Energy Co.* 300 12,531 Tesoro Petroleum Corp. 2,500 251,075 The Meridian Resource Corp.* 800 1,928 Tidewater, Inc. 1,300 76,154 UGI Corp. 3,310 88,410 Unit Corp.* 900 45,531

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Valero Energy Corp. 24,118 1,555,370 W-H Energy Services, Inc.* 1,200 56,088 Whiting Petroleum Corp.* 800 31,528 Williams Cos., Inc. 23,860 679,056 XTO Energy, Inc. 13,909 762,352 44,890,378 Paper & Related Products — 0.1% Bowater, Inc. 2,200 52,404 Louisiana-Pacific Corp. 3,600 72,216 MeadWestvaco Corp. 6,540 201,694 Neenah Paper, Inc. 393 15,618 Potlatch Corp. 481 22,020 Temple-Inland, Inc. 4,000 238,960 602,912 Personal Care — 0.0% Chattem, Inc.* 200 11,788 Elizabeth Arden, Inc.* 300 6,546 Nu Skin Enterprises, Inc., Class A 2,400 39,648

SHARES VALUE COMMON STOCKS (Continued) Personal Care (Continued) Revlon, Inc., Class A* 16,802 17,978 75,960 Photo Equipment & Supplies — 0.0% Eastman Kodak Co. 10,900 245,904

Printing — 0.1% Cenveo, Inc.* 1,800 43,740 Consolidated Graphics, Inc.* 200 14,810 R. R. Donnelley & Sons Co. 7,800 285,402 Valassis Communications, Inc.* 1,000 17,190 361,142 Publishing — 0.1% Dow Jones & Co., Inc. 2,300 79,281 John Wiley & Sons, Inc., Class A 1,000 37,760 Journal Register Co. 600 3,576 Lee Enterprises, Inc. 800 24,040 Marvel Entertainment, Inc.* 3,400 94,350 PRIMEDIA, Inc.* 8,400 22,344 ProQuest Co.* 500 4,500 Scholastic Corp.* 1,600 49,760 Sun-Times Media Group, Inc., Class A 2,100 10,416 The McClatchy Co., Class A 1,525 48,205 The New York Times Co., Class A 5,200 122,252 496,484 Real Estate — 0.2% CB Richard Ellis Group, Inc., Class A* 9,500 324,710

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Corrections Corp. of America* 2,300 121,463 Jones Lang LaSalle, Inc. 600 62,568 Realogy Corp.* 9,512 281,650 The St. Joe Co. 3,000 156,930 947,321 Restaurants — 0.8% Applebee’s International, Inc. 2,600 64,428 Bob Evans Farms, Inc. 700 25,865 Brinker International, Inc. 3,450 112,815 CBRL Group, Inc. 1,100 50,930 CEC Entertainment, Inc.* 600 24,924 CKE Restaurants, Inc. 2,800 52,808 Darden Restaurants, Inc. 5,100 210,069 Domino’s Pizza, Inc. 2,300 74,681 IHOP Corp. 400 23,460 Jack in the Box, Inc.* 500 34,565 Krispy Kreme Doughnuts, Inc.* 1,000 10,190 Landry’s Seafood Restaurants, Inc. 300 8,880 McDonald’s Corp. 49,500 2,229,975 OSI Restaurant Partners, Inc. 2,800 110,600 P.F. Chang’s China Bistro, Inc.* 900 37,692 Papa John’s International, Inc.* 1,500 44,100 RARE Hospitality International, Inc.* 500 15,045 Ruby Tuesday, Inc. 1,500 42,900 Sonic Corp.* 3,125 69,625 Starbucks Corp.* 30,000 940,800 Texas Roadhouse, Inc., Class A* 300 4,275 The Cheesecake Factory* 2,850 75,953 Wendy’s International, Inc. 4,000 125,200 Yum! Brands, Inc. 9,600 554,496 4,944,276 Retail - Food — 0.4% Kroger Co. 27,500 776,875 Ruddick Corp. 1,900 57,152 Safeway, Inc. 16,900 619,216 SUPERVALU, Inc. 8,075 315,490 The Great Atlantic & Pacific Tea Co., Inc. 1,100 36,498 Tim Hortons, Inc. 5,417 164,785 Weis Markets, Inc. 400 17,880 Whole Foods Market, Inc. 5,400 242,190 2,230,086 Retail - General — 2.6% 99 Cents Only Stores* 2,366 34,851 Big Lots, Inc.* 3,700 115,736 BJ’s Wholesale Club, Inc.* 2,700 91,341 Casey’s General Stores, Inc. 1,800 45,018 CVS Corp. 59,156 2,019,586 Dillards, Inc., Class A 2,900 94,917 Dollar General Corp. 12,525 264,904 Family Dollar Stores, Inc. 5,800 171,796 Federated Department Stores, Inc. 21,008 946,410

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Fred’s, Inc. 500 7,350 J.C. Penney Co., Inc. 8,000 657,280 Longs Drug Stores Corp. 600 30,984 Retail Ventures, Inc.* 1,600 33,680 Sears Holdings Corp.* 4,025 725,144 Target Corp. 34,400 2,038,544 TJX Cos., Inc. 18,200 490,672 Wal-Mart Stores, Inc. 166,700 7,826,565 15,594,778 Retail - Specialty — 3.5% Abercrombie & Fitch Co., Class A 3,500 264,880 Aeropostale, Inc.* 2,200 88,506 Amazon.com, Inc.* 17,400 692,346 American Eagle Outfitters, Inc. 8,550 256,414 American Greetings Corp., Class A 1,700 39,457 AnnTaylor Stores Corp.* 2,650 102,767 AutoNation, Inc.* 9,400 199,656 Barnes & Noble, Inc. 2,800 110,460 bebe stores, Inc. 3,750 65,175 Bed Bath & Beyond, Inc.* 11,900 478,023 Best Buy Co., Inc. 19,225 936,642 Blockbuster, Inc., Class A* 4,500 28,980 Blockbuster, Inc., Class B* 2,600 15,600 Borders Group, Inc. 1,600 32,672 Brown Shoe Co., Inc.* 1,000 42,000 Cabela’s, Inc., Class A* 2,100 52,101 Callaway Golf Co. 2,100 33,096 Chico’s FAS, Inc.* 7,000 171,010 Children’s Place Retail Stores, Inc.* 800 44,608 Christopher & Banks Corp. 1,400 27,258 Circuit City Stores-Circuit City Group 6,400 118,592 Claire’s Stores, Inc. 3,000 96,360 Coldwater Creek, Inc.* 3,350 67,938 Copart, Inc.* 3,850 107,838 Cost Plus, Inc.* 300 3,000 Costco Wholesale Corp. 19,000 1,022,960 Dollar Tree Stores, Inc.* 3,700 141,488 eBay, Inc.* 55,800 1,849,770 Foot Locker, Inc. 6,200 146,010 GameStop Corp., Class B* 3,988 129,889 Group 1 Automotive, Inc. 400 15,908 Guitar Center, Inc.* 300 13,536 Hibbett Sports, Inc.* 1,100 31,449 Home Depot, Inc. 81,650 2,999,821 Hot Topic, Inc.* 600 6,660 Jo-Ann Stores, Inc.* 200 5,450 K-Swiss, Inc., Class A 400 10,808 Kohl’s Corp.* 12,400 949,964 La-Z-Boy, Inc. 1,400 17,332

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SHARES VALUE COMMON STOCKS (Continued) Retail - Specialty (Continued) Liz Claiborne, Inc. 3,800 162,830 Lowe’s Cos., Inc. 60,900 1,917,741 Movie Gallery, Inc.* 700 3,147 NBTY, Inc.* 2,600 137,904 Nordstrom, Inc. 10,300 545,282 Nutri/System, Inc.* 1,000 52,410 Office Depot, Inc.* 10,500 368,970 Pacific Sunwear of California, Inc.* 2,050 42,702 Payless ShoeSource, Inc.* 2,200 73,040 Pep Boys - Manny, Moe & Jack 2,000 38,180 PETsMART, Inc. 5,100 168,096 Pier 1 Imports, Inc. 3,100 21,421 RadioShack Corp. 5,200 140,556 RC2 Corp.* 200 8,078 Regis Corp. 1,100 44,407 Rite Aid Corp.* 21,320 123,016 Ross Stores, Inc. 4,900 168,560 Saks, Inc. 5,600 116,704 Select Comfort Corp.* 1,950 34,710 Sonic Automotive, Inc., Class A 400 11,400 Sotheby’s Holdings, Inc., Class A 2,300 102,304 Stage Stores, Inc. 1,720 40,093 Staples, Inc. 28,950 748,068 Stein Mart, Inc. 500 8,160 Systemax, Inc.* 1,300 24,349 The Buckle, Inc. 1,200 42,840 The Cato Corp., Class A 300 7,017 The Dress Barn, Inc.* 2,000 41,620 The Gap, Inc. 32,400 557,604 The Gymboree Corp.* 1,000 40,070 The Limited, Inc. 15,080 392,985 The Men’s Wearhouse, Inc. 1,750 82,338 The Nautilus Group, Inc. 500 7,715 The Sherwin Williams Co. 4,700 310,388 The Talbots, Inc. 1,300 30,706 Tiffany & Co. 4,800 218,304 Tractor Supply Co.* 1,400 72,100 Tuesday Morning Corp. 600 8,904 Tween Brands, Inc.* 500 17,860 Urban Outfitters, Inc.* 6,300 167,013 V.F. Corp. 4,000 330,480 Walgreen Co. 40,000 1,835,600 Williams-Sonoma, Inc. 4,100 145,386 Zale Corp.* 1,600 42,208 20,869,690 Steel — 0.4% AK Steel Holding Corp.* 4,200 98,238

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Allegheny Technologies, Inc. 3,100 330,739 Carpenter Technology Corp. 300 36,228 Chaparral Steel Co. 1,800 104,706 Nucor Corp. 11,200 729,456 Reliance Steel & Aluminum Co. 2,800 135,520 Schnitzer Steel Industries, Inc., Class A 500 20,085 Steel Dynamics, Inc. 3,500 151,200 The Timken Co. 3,000 90,930 United States Steel Corp. 4,400 436,348 Valmont Industries, Inc. 1,000 57,830 Worthington Industries, Inc. 3,000 61,740 2,253,020 Telecommunications — 4.6% ADC Telecommunications, Inc.* 3,747 62,725 ADTRAN, Inc. 2,300 56,005 Alcatel-Lucent 27,757 328,088 ALLTEL Corp. 14,824 919,088 American Tower Corp., Class A* 17,900 697,205 AT&T, Inc. 249,743 9,847,366 Avaya, Inc.* 18,100 213,761 Cablevision Systems Corp., Class A 8,600 261,698 Centennial Communications Corp., Class A* 3,600 29,628 CenturyTel, Inc. 4,400 198,836 Ciena Corp.* 3,157 88,238 Cincinnati Bell, Inc.* 12,600 59,220 Citizens Communications Co. 13,130 196,294 CommScope, Inc.* 1,800 77,220 Comverse Technology, Inc.* 6,800 145,180 Crown Castle International Corp.* 12,017 386,106 Ditech Networks, Inc.* 300 2,436 Dobson Communications Corp., Class A* 5,700 48,963 EchoStar Communications Corp., Class A* 8,300 360,469 Embarq Corp. 5,130 289,076 FiberTower Corp.* 5,400 28,026 General Communication, Inc., Class A* 1,900 26,600 Harmonic, Inc.* 900 8,838 Harris Corp. 4,500 229,275 IDT Corp.* 200 2,256 IDT Corp., Class B* 1,800 20,430 InfoSpace, Inc.* 500 12,835 InterDigital Communication Corp.* 2,000 63,340 Leap Wireless International, Inc.* 2,200 145,156 Level 3 Communications, Inc.* 51,920 316,712 Motorola, Inc. 93,100 1,645,077 NeuStar, Inc.* 2,700 76,788 NII Holdings, Inc., Class B* 5,800 430,244 Novatel Wireless, Inc.* 200 3,208 Plantronics, Inc. 1,100 25,982 Powerwave Technologies, Inc.* 3,500 19,915 Premiere Global Services, Inc.* 1,800 20,196 Price Communications Corp. 1,825 36,500

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document QUALCOMM, Inc. 62,684 2,674,099 RCN Corp.* 630 16,097 RF Micro Devices, Inc.* 7,700 47,971 SBA Communications Corp., Class A* 3,900 115,245 Sprint Corp. 111,116 2,106,759 Sycamore Networks, Inc.* 11,200 41,888 Telephone & Data Systems, Inc. 1,200 71,544 Telephone & Data Systems, Inc. 2,200 122,980 Tellabs, Inc.* 16,256 160,934 Time Warner Telecom, Inc., Class A* 5,400 112,158 United States Cellular Corp.* 1,300 95,485 Verizon Communications 116,800 4,429,056 Virgin Media, Inc. 6,750 170,438 Windstream Corp.* 15,326 225,139 Wireless Facilities, Inc.* 700 910 27,769,683 Textile & Apparel — 0.4% Carter’s, Inc.* 2,000 50,680 Charming Shoppes, Inc.* 4,400 56,980 Coach, Inc.* 15,540 777,777 Columbia Sportswear Co. 1,000 62,310 DHB Industries, Inc.* 500 1,725 G & K Services, Inc., Class A 200 7,256 Guess?, Inc. 2,800 113,372 Hanesbrands, Inc.* 3,425 100,661 Iconix Brand Group, Inc.* 2,200 44,880 Jones Apparel Group, Inc. 4,300 132,139 Kellwood Co. 400 11,732 Mohawk Industries, Inc.* 1,643 134,808

SHARES VALUE COMMON STOCKS (Continued) Textile & Apparel (Continued) NIKE, Inc., Class B 5,200 552,552 Oakley, Inc. 2,100 42,294 Oxford Industries, Inc. 300 14,832 Phillips-Van Heusen Corp. 1,400 82,320 Polo Ralph Lauren Corp. 1,500 132,225 Quiksilver, Inc.* 4,600 53,360 Skechers U.S.A., Inc., Class A* 1,000 33,570 The Finish Line, Inc., Class A 800 10,080 The Warnaco Group, Inc.* 1,400 39,760 Timberland Co.* 2,000 52,060 Wolverine World Wide, Inc. 2,200 62,854 2,570,227 Tires & Rubber — 0.0% Cooper Tire & Rubber Co. 2,500 45,725 Goodyear Tire & Rubber Co.* 6,400 199,616

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document 245,341 Tobacco — 1.3% Alliance One International, Inc.* 3,800 35,074 Altria Group, Inc. 75,100 6,594,531 Loews Corp. - Carolina Group 1,600 120,976 Reynolds American, Inc. 11,200 698,992 UST, Inc. 5,800 336,284 7,785,857 Tools-Hand Held — 0.1% Snap-on, Inc. 2,400 115,440 Stanley Works 3,000 166,080 Toro Co. 1,000 51,240 332,760 Transportation — 1.3% ABX Air, Inc.* 600 4,110 Alexander & Baldwin, Inc. 900 45,396 Arkansas Best Corp. 400 14,220 Bristow Group, Inc.* 200 7,290 Burlington Northern Santa Fe Corp. 13,800 1,109,934 C.H. Robinson Worldwide, Inc. 7,000 334,250 Con-way, Inc. 2,000 99,680 CSX Corp. 17,400 696,870 EGL, Inc.* 800 31,704 FedEx Corp. 8,400 902,412 Forward Air Corp. 450 14,796 GATX Corp. 1,700 81,260 Genesee & Wyoming, Inc., Class A* 1,300 34,593 Heartland Express, Inc. 3,066 48,688 Hub Group, Inc., Class A* 1,400 40,586 J.B. Hunt Transport Services, Inc. 5,300 139,072 Kansas City Southern Industries, Inc.* 3,100 110,298 Kirby Corp.* 2,000 69,960 Knight Transportation, Inc. 2,625 46,777 Laidlaw International, Inc. 3,600 124,560 Landstar Systems, Inc. 1,600 73,344 Norfolk Southern Corp. 15,800 799,480 Old Dominion Freight Line, Inc.* 1,450 41,775 Overseas Shipholding Group, Inc. 900 56,340 Ryder System, Inc. 1,600 78,944 Swift Transportation Co., Inc.* 2,500 77,900 Union Pacific Corp. 8,400 853,020 United Parcel Service, Inc., Class B 26,600 1,864,660 Werner Enterprises, Inc. 2,700 49,059 YRC Worldwide, Inc.* 2,263 91,018 7,941,996 Utilities — 3.1% AES Corp.* 27,900 600,408 Allegheny Energy, Inc.* 6,200 304,668 Alliant Energy Corp. 3,700 165,834 Ameren Corp. 7,800 392,340 American Electric Power Co., Inc. 15,800 770,250

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Aqua America, Inc. 5,034 113,014 Avista Corp. 2,100 50,883 Black Hills Corp. 500 18,385 CH Energy Group, Inc. 300 14,607 Cleco Corp. 1,600 41,328 CMS Energy Corp. 9,400 167,320 Consolidated Edison, Inc. 10,300 525,918 Constellation Energy Group 6,100 530,395 Dominion Resources, Inc. 11,800 1,047,486 DPL, Inc. 4,300 133,687 Duke Energy Corp. 50,256 1,019,694 Dynegy, Inc., Class A* 16,200 150,012 Edison International 12,400 609,212 El Paso Electric Co.* 1,200 31,620 Exelon Corp. 26,800 1,841,428 FirstEnergy Corp. 11,900 788,256 FPL Group, Inc. 16,200 990,954 FuelCell Energy, Inc.* 900 7,074 IDACORP, Inc. 1,600 54,144 KeySpan Corp. 5,600 230,440 MDU Resources Group, Inc. 6,825 196,151 MGE Energy, Inc. 200 7,092 Mirant Corp.* 10,800 436,968 NiSource, Inc. 10,937 267,300 Northeast Utilities 6,200 203,174 Northwest Natural Gas Co. 1,400 63,938 NorthWestern Corp. 400 14,172 OGE Energy Corp. 3,100 120,280 Otter Tail Power Co. 600 20,544 Parker-Hannifin Corp. 4,300 371,133 Pepco Holdings, Inc. 7,200 208,944 PG&E Corp. 13,200 637,164 Pinnacle West Capital Corp. 3,200 154,400 PNM Resources, Inc. 3,050 98,515 PPL Corp. 15,300 625,770 Public Service Enterprise Group, Inc. 6,700 556,368 Puget Energy, Inc. 3,800 97,584 Questar Corp. 2,200 196,262 Reliant Resources, Inc.* 13,594 276,230 SCANA Corp. 3,900 168,363 Sierra Pacific Resources* 8,400 145,992 Southern Co. 29,900 1,095,835 Southwest Gas Corp. 1,500 58,305 TECO Energy, Inc. 7,500 129,075 The Laclede Group, Inc. 300 9,324 TXU Corp. 17,500 1,121,750 UIL Holdings Corp. 333 11,555 Unisource Energy Corp. 600 22,530 Vectren Corp. 2,700 77,220 WGL Holdings, Inc. 1,900 60,762 Wisconsin Energy Corp. 4,000 194,080

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Xcel Energy, Inc. 15,500 382,695 18,628,832 Waste Management — 0.2% Allied Waste Industries, Inc.* 15,500 195,145 Republic Services, Inc., Class A 7,800 216,996 Stericycle, Inc.* 900 73,350 Waste Connections, Inc.* 2,625 78,593

SHARES VALUE COMMON STOCKS (Continued) Waste Management (Continued) Waste Management, Inc. 20,500 705,405 1,269,489 TOTAL COMMON STOCKS (Identified Cost $455,609,184) 576,464,412

MUTUAL FUNDS — 4.4% Other — 4.4% DFA U.S. MicroCap Portfolio 1,642,353 26,195,528 TOTAL MUTUAL FUNDS (Identified Cost $21,611,946) 26,195,528 SHORT-TERM INVESTMENTS — 0.9% Other — 0.9% SSgA Government Money Market Fund 1 1 SSgA Money Market Fund 5,560,625 5,560,625 5,560,626 TOTAL SHORT-TERM INVESTMENTS (Identified Cost $5,560,626) 5,560,626 Total Investments — 100.8% (Identified Cost $482,781,756)# 608,220,566

Liabilities, Less Cash and Other Assets — (0.8%) (4,715,542) Net Assets — 100.0% $ 603,505,024

# At March 31, 2007 the aggregate cost of investment securities for income tax purposes was $482,781,756. Net unrealized appreciation aggregated $125, 438,810 of which $141,784,737 related to appreciated investment securities and $16,345,927 related to depreciated investment securities. * Non-income producing security

Portfolio Sectors (% of portfolio market value)

Financials 23.9% 145,591,159 Non-Cyclical 20.1% 122,334,463 Industrials 10.5% 63,956,306 Cyclical 10.1% 61,342,314 Communications 9.3% 56,382,190

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Technology 9.1% 55,506,835 Energy 9.1% 55,449,132 Utilities 3.2% 19,154,630 Basic Materials 3.0% 18,219,928 Diversified 1.7% 10,283,609 US Govt Agency Total 100.0% 608,220,566

SA U.S. HBtM Fund PORTFOLIO OF INVESTMENTS — AS OF MARCH 31, 2007 (UNAUDITED)

SHARES VALUE COMMON STOCKS — 98.7% Aerospace/Defense — 2.9% Curtiss-Wright Corp. 516 $ 19,887 Northrop Grumman Corp. 92,033 6,830,689 Raytheon Co. 59,300 3,110,878 9,961,454 Agricultural Operations — 0.2% AGCO Corp.* 22,576 834,635

Airlines — 0.7% Southwest Airlines Co. 164,300 2,415,210

Auto & Related — 2.1% Avis Budget Group, Inc.* 14,647 400,156 Ford Motor Co. 326,100 2,572,929 General Motors Corp. 134,500 4,121,080 TRW Automotive Holdings Corp.* 3,500 121,870 United Rentals, Inc.* 6,300 173,250 7,389,285 Banks/Savings & Loans — 1.3% New York Community Bancorp, Inc. 70,200 1,234,818 Sovereign Bancorp, Inc. 58,730 1,494,091 Washington Mutual, Inc. 33,599 1,356,728 Webster Financial Corp. 7,500 360,075 4,445,712 Broadcasting — 6.4% Clear Channel Communications, Inc. 97,472 3,415,419 Comcast Corp., Class A* 395,223 10,256,037 Comcast Corp., Class A Special* 84,450 2,150,941 Cox Radio, Inc., Class A* 2,200 30,030 Discovery Holding Co., Class A* 44,300 847,459 Hearst-Argyle Television, Inc. 12,100 328,999 Liberty Global, Inc., Class A* 18,605 612,663 Liberty Global, Inc. Series C* 24,775 759,106 Liberty Media Holding Corp. - Capital Series A* 32,263 3,567,965 Radio One, Inc., Class D* 2,400 15,504

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document 21,984,123 Building & Construction — 1.0% Centex Corp. 22,400 935,872 D.R. Horton, Inc. 40,100 882,200 KB Home 1,800 76,806 Lennar Corp., Class A 4,000 168,840 M.D.C. Holdings, Inc. 5,800 278,806 Pulte Corp. 24,000 635,040 Ryland Group, Inc. 1,100 46,409 Toll Brothers, Inc.* 9,500 260,110 URS Corp.* 4,100 174,619 3,458,702 Business Services — 0.7% Electronic Data Systems Corp. 90,400 2,502,272

Chemicals — 0.6% Ashland, Inc. 17,900 1,174,240 Chemtura Corp. 6,600 72,138 Lubrizol Corp. 1,800 92,754 Lyondell Chemical Co. 15,700 470,529 Tronox, Inc., Class B 6,082 85,026 Valhi, Inc. 1,500 19,800 Westlake Chemical Corp. 1,100 29,865 1,944,352 Commercial Services — 0.1% Convergys Corp.* 8,000 203,280 Live Nation, Inc.* 12,184 268,779 472,059 Communications Equipment — 0.1% Andrew Corp.* 35,707 378,137

Computer Equipment — 0.2% Ingram Micro, Inc., Class A* 41,460 800,593

Computer Services — 1.4% Computer Sciences Corp.* 45,661 2,380,308 Compuware Corp.* 45,300 429,897 Fidelity National Information Services, Inc. 18,325 833,055 Sun Microsystems, Inc.* 97,600 586,576 Unisys Corp.* 55,800 470,394 4,700,230 Computer Software — 0.1% 3Com Corp.* 58,600 229,126

Containers & Glass — 0.1% Owens-Illinois, Inc.* 13,000 335,010

Diversified Operations — 0.1% PerkinElmer, Inc. 11,500 278,530

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Electronics — 2.6% Advanced Micro Devices, Inc.* 10,500 137,130 Applied Micro Circuits Corp.* 22,500 82,125 Arrow Electronics, Inc.* 22,700 856,925 Avnet, Inc.* 39,600 1,431,144 AVX Corp. 23,400 355,680 Fairchild Semiconductor Corp., Class A* 700 11,704 Integrated Device Technology, Inc.* 50,076 772,172 Intersil Corp., Class A 36,700 972,183 Micron Technology, Inc.* 169,000 2,041,520 Sanmina Corp.* 133,221 482,260 Solectron Corp.* 231,400 728,910 Tech Data Corp.* 13,600 487,016 Vishay Intertechnology, Inc.* 43,200 603,936 8,962,705 Financial Services — 10.1% AMBAC Financial Group, Inc. 25,000 2,159,750 AmeriCredit Corp.* 24,400 557,784 Capital One Financial Corp. 52,763 3,981,496 CIT Group, Inc. 47,000 2,487,240 Countrywide Credit Industries, Inc. 150,250 5,054,410 J.P. Morgan Chase & Co. 129,900 6,284,562 Janus Capital Group, Inc. 52,900 1,106,139 KeyCorp 9,700 363,459 MBIA, Inc. 36,400 2,383,836 Protective Life Corp. 17,600 775,104 Prudential Financial, Inc. 73,000 6,588,980 The Bear Stearns Cos., Inc. 18,060 2,715,321 The South Financial Group, Inc. 19,700 486,984 34,945,065 Food & Beverages — 4.0% Archer-Daniels-Midland Co. 90,196 3,310,193 Coca-Cola Enterprises, Inc. 118,521 2,400,050 Corn Products International, Inc. 18,500 658,415 Del Monte Foods Co. 47,300 543,004 Kraft Foods, Inc., Class A 122,000 3,862,520 PepsiAmericas, Inc. 17,600 392,832 Smithfield Foods, Inc.* 25,400 760,730 The J.M. Smucker Co. 13,700 730,484

SHARES VALUE COMMON STOCKS (Continued) Food & Beverages (Continued) Tyson Foods, Inc., Class A 57,807 1,122,034 13,780,262 Forest & Paper Products — 2.0% Domtar Corp. 155,751 1,450,042 International Paper Co. 29,000 1,055,600

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Smurfit-Stone Container Corp.* 63,543 715,494 Weyerhaeuser Co. 49,024 3,664,054 6,885,190 Funeral Services — 0.1% Service Corp. International 40,300 477,958

Health Care - Drugs — 0.4% Millennium Pharmaceuticals, Inc.* 73,000 829,280 Watson Pharmaceuticals, Inc.* 20,900 552,387 1,381,667 Health Care - Products — 0.2% Invitrogen Corp.* 12,600 801,990

Health Care - Services — 1.2% Medco Health Solutions, Inc.* 23,900 1,733,467 Tenet Healthcare Corp.* 77,200 496,396 Triad Hospitals, Inc.* 21,900 1,144,275 UnitedHealth Group, Inc. 13,200 699,204 4,073,342 Hotels & Restaurants — 0.3% Wyndham Worldwide Corp.* 28,094 959,410

Insurance — 20.5% Alleghany Corp.* 1,973 736,993 Allstate Corp. 105,400 6,330,324 American Financial Group, Inc. 30,750 1,046,730 American National Insurance Co. 6,561 839,349 Chubb Corp. 57,000 2,945,190 Cincinnati Financial Corp. 46,756 1,982,454 CNA Financial Corp.* 60,752 2,617,804 Conseco, Inc.* 10,900 188,570 Fidelity National Title Group, Inc., Class A 43,867 1,053,247 Hanover Insurance Group, Inc. 14,100 650,292 Hartford Financial Services Group, Inc. 46,300 4,425,354 Lincoln National Corp. 30,200 2,047,258 Loews Corp. 135,700 6,164,851 MetLife, Inc. 182,000 11,493,300 MGIC Investment Corp. 22,700 1,337,484 Nationwide Financial Services, Inc., Class A 14,000 754,040 Odyssey Re Holdings Corp. 16,500 648,615 Ohio Casualty Corp. 16,946 507,533 Old Republic International Corp. 56,775 1,255,863 Principal Financial Group, Inc. 52,500 3,143,175 Radian Group, Inc. 20,000 1,097,600 Reinsurance Group of America, Inc. 16,600 958,152 Safeco Corp. 23,500 1,561,105 StanCorp Financial Group, Inc. 9,400 462,198 The Commerce Group, Inc. 7,900 237,316 The First American Corp. 24,000 1,217,280 The PMI Group, Inc. 22,600 1,021,972

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document The Travelers Companies, Inc. 177,500 9,189,175 Torchmark, Inc. 13,900 911,701 Transatlantic Holdings, Inc. 7,400 481,888 Unitrin, Inc. 18,100 851,967 UnumProvident Corp. 76,300 1,757,189 Wesco Financial Corp. 1,780 818,800 70,734,769 Internet Services — 2.5% Expedia, Inc.* 52,149 1,208,814 IAC/InterActiveCorp* 72,349 2,728,281 Liberty Media Holding Corp. – Interactive, Class A* 149,737 3,566,735 Qwest Communications International, Inc.* 131,900 1,185,781 8,689,611 Leisure — 0.7% Brunswick Corp. 300 9,555 Harrah’s Entertainment, Inc. 9,663 816,040 MGM Mirage, Inc.* 20,900 1,452,968 Sabre Holdings Corp., Class A 3,900 127,725 2,406,288 Machinery — 0.2% SPX Corp. 7,600 533,520

Metals & Mining — 0.0% Titanium Metals Corp.* 716 25,690

Multimedia — 7.2% A.H. Belo Corp. Series A 17,800 332,326 CBS Corp., Class A 8,700 266,307 CBS Corp., Class B 189,495 5,796,652 Gannett Co., Inc. 15,400 866,866 Idearc, Inc. 11,286 396,138 News Corp., Class A 12,608 291,497 Time Warner, Inc. 701,100 13,825,692 Tribune Co. 60,500 1,942,655 Walt Disney Co. 33,218 1,143,696 24,861,829 Office Equipment — 0.1% IKON Office Solutions, Inc. 35,000 502,950

Office Furnishings & Supplies — 0.2% OfficeMax, Inc. 15,900 838,566

Oil & Gas — 8.5% Anadarko Petroleum Corp. 115,252 4,953,531 Apache Corp. 54,282 3,837,738 Chesapeake Energy Corp. 117,906 3,640,937 ConocoPhillips 37,600 2,569,960 Devon Energy Corp. 40,800 2,824,176 Forest Oil Corp.* 16,600 553,942 Hess Corp. 47,754 2,648,915

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Marathon Oil Corp. 38,960 3,850,417 Mariner Energy, Inc.* 9,226 176,493 Newfield Exploration Co.* 9,100 379,561 Pioneer Natural Resources Co. 44,276 1,908,738 Pogo Producing Co. 14,100 678,210 SEACOR Holdings, Inc.* 6,100 600,240 Tidewater, Inc. 11,400 667,812 29,290,670 Paper & Related Products — 0.6% Bowater, Inc. 10,900 259,638 Louisiana-Pacific Corp. 26,100 523,566 MeadWestvaco Corp. 46,713 1,440,629 2,223,833 Real Estate — 0.3% Realogy Corp.* 32,617 965,789

SHARES VALUE COMMON STOCKS (Continued) Retail - Food — 0.4% SUPERVALU, Inc. 32,652 1,275,714

Retail - General — 1.2% Dillards, Inc., Class A 19,000 621,870 Federated Department Stores, Inc. 79,666 3,588,953 4,210,823 Retail - Specialty — 0.8% American Greetings Corp., Class A 9,700 225,137 AutoNation, Inc.* 61,600 1,308,384 Blockbuster, Inc., Class A* 4,500 28,980 Borders Group, Inc. 5,700 116,394 Circuit City Stores-Circuit City Group 9,300 172,329 Rite Aid Corp.* 8,500 49,045 Saks, Inc. 34,500 718,980 2,619,249 Steel — 0.1% The Timken Co. 6,300 190,953 Worthington Industries, Inc. 3,000 61,740 252,693 Telecommunications — 7.8% Alcatel-Lucent 7,144 84,442 AT&T, Inc. 339,882 13,401,547 Ciena Corp.* 1,985 55,481 Level 3 Communications, Inc.* 15,000 91,500 Sprint Corp. 93,800 1,778,448 Telephone & Data Systems, Inc. 13,200 786,984 Telephone & Data Systems, Inc., Special Shares 9,400 525,460 Tellabs, Inc.* 74,422 736,778 United States Cellular Corp.* 11,700 859,365

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Verizon Communications 225,720 8,559,302 26,879,307 Textile & Apparel — 0.5% Jones Apparel Group, Inc. 19,600 602,308 Mohawk Industries, Inc.* 12,200 1,001,010 1,603,318 Tires & Rubber — 0.1% Cooper Tire & Rubber Co. 2,300 42,067 Goodyear Tire & Rubber Co.* 12,400 386,756 428,823 Transportation — 7.8% Alexander & Baldwin, Inc. 10,000 504,400 Burlington Northern Santa Fe Corp. 58,300 4,689,069 CSX Corp. 117,500 4,705,875 GATX Corp. 14,200 678,760 Kansas City Southern Industries, Inc.* 19,000 676,020 Laidlaw International, Inc. 23,200 802,720 Norfolk Southern Corp. 107,200 5,424,320 Overseas Shipholding Group, Inc. 10,700 669,820 Ryder System, Inc. 15,300 754,902 Union Pacific Corp. 72,800 7,392,840 YRC Worldwide, Inc.* 13,100 526,882 26,825,608 Waste Management — 0.3% Allied Waste Industries, Inc.* 93,812 1,181,093

TOTAL COMMON STOCKS (Identified Cost $258,231,060) 340,747,162

SHORT-TERM INVESTMENTS — 1.6% Other — 1.6% SSgA Government Money Market Fund 1 1 SSgA Money Market Fund 5,544,188 5,544,188 5,544,189 TOTAL SHORT-TERM INVESTMENTS (Identified Cost $5,544,189) 5,544,189

Total Investments — 100.3% (Identified Cost $263,775,249)# 346,291,351

Liabilities, Less Cash and Other Assets — (0.3%) (1,124,593)

Net Assets — 100.0% $ 345,166,758

# At March 31, 2007 the aggregate cost of investment securities for income tax purposes was $263,775,249. Net unrealized appreciation aggregated $82,516,102 of which $91,141,982 related to appreciated investment securities and $8,625,880 related to depreciated investment securities. * Non-income producing security

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Portfolio Sectors (% of portfolio market value)

Financials 33.6 % 116,635,524 Communications 23.9 % 82,793,007 Industrials 14.8 % 51,258,092 Energy 8.5 % 29,290,670 Non-Cyclical 7.3 % 25,283,595 Cyclical 6.7 % 23,187,276 Basic Materials 3.3 % 11,331,758 Technology 1.8 % 6,232,899 Diversified 0.1 % 278,530 Total 100.0 % 346,291,351

SA U.S. Small Company Fund PORTFOLIO OF INVESTMENTS — AS OF MARCH 31, 2007 (UNAUDITED)

SHARES VALUE COMMON STOCKS — 99.9% Advertising — 0.2% Emak Worldwide, Inc.* 800 $ 3,856 Greenfield Online, Inc.* 11,950 190,005 inVentiv Health, Inc.* 6,500 248,885 Marchex, Inc., Class B(a) 5,300 81,196 Traffix, Inc. 2,100 11,634 ValueVision International, Inc., Class A* 7,900 97,644 633,220 Aerospace/Defense — 1.9% AAR Corp.(a)* 7,700 212,212 ARGON ST, Inc.(a)* 3,600 95,256 Armor Holdings, Inc.(a)* 6,900 464,577 BE Aerospace, Inc.* 10,800 342,360 CPI Aerostructures, Inc.(a)* 400 2,744 Curtiss-Wright Corp. 9,700 373,838 DRS Technologies, Inc. 7,038 367,173 Ducommun, Inc.* 2,055 52,875 EDO Corp.(a) 4,300 112,660 GenCorp, Inc.(a)* 26,000 359,840 HEICO Corp.(a) 4,700 171,503 HEICO Corp., Class A 3,120 97,812 Herley Industries, Inc.(a)* 2,900 45,298 Hexcel Corp.(a)* 15,900 315,615 Innovative Solutions and Support, Inc.(a)* 2,950 74,694 K&F Industries Holdings, Inc.(a)* 8,900 239,677 Kaman Corp., Class A 5,300 123,543 Ladish Co., Inc.(a)* 2,600 97,864 LMI Aerospace, Inc.(a)* 2,400 44,712 Mechanical Technology, Inc.* 5,600 8,680 Moog, Inc., Class A* 7,900 329,035

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document MTC Technologies, Inc.(a)* 3,000 63,090 Orbital Sciences Corp.* 12,500 234,250 SPACEHAB, Inc.* 1,000 590 Teledyne Technologies, Inc.* 16,900 632,736 The Allied Defense Group, Inc.(a)* 600 5,130 The Fairchild Corp., Class A(a)* 2,900 5,858 TransDigm Group, Inc.* 2,600 94,588 Triumph Group, Inc. 2,700 149,418 United Industrial Corp.(a) 1,800 99,360 World Fuel Services Corp. 5,400 249,804 5,466,792 Agricultural Operations — 0.2% Alico, Inc.(a) 1,300 74,529 Cadiz, Inc.* 1,100 27,984 Delta & Pine Land Co. 6,900 284,280 LESCO, Inc.* 1,300 18,798 Senesco Technologies, Inc.(a)* 1,100 1,067 The Andersons, Inc.(a) 3,500 155,400 562,058 Airlines — 0.5% AirTran Holdings, Inc.(a)* 20,050 205,913 Alaska Air Group, Inc.* 8,000 304,800 ATA Holdings Corp.(b)* 600 — Continental Airlines, Inc., Class B* 803 29,221 Delta Air Lines, Inc.(a)* 23,300 6,291 ExpressJet Holdings, Inc.(a)* 14,000 81,760 Frontier Airlines Holdings, Inc.(a)* 6,750 40,568 Hawaiian Holdings, Inc.* 9,800 30,870 MAIR Holdings, Inc.(a)* 3,200 21,024 Mesa Air Group, Inc.(a)* 6,600 49,698 Midwest Air Group, Inc.(a)* 4,000 54,040 Northwest Airlines Corp., Class A(a)* 16,600 10,790 Pinnacle Airlines Corp.(a)* 5,250 90,772 Republic Airways Holdings, Inc.* 8,800 202,048 SkyWest, Inc. 14,100 $ 378,303 World Air Holdings, Inc.(a)* 943 9,996 1,516,094 Auto & Related — 1.6% A.S.V., Inc.(a)* 5,100 77,826 Accuride Corp.* 4,400 64,240 Aftermarket Technology Corp.* 4,600 111,688 American Axle & Manufacturing Holdings, Inc.(a) 10,900 298,115 Arctic Cat, Inc.(a) 2,300 44,827 ArvinMeritor, Inc.(a) 14,900 271,925 Asbury Automotive Group, Inc. 11,700 330,525 Bandag, Inc.(a) 1,600 81,104 Coachmen Industries, Inc.(a) 3,000 31,590 Commercial Vehicle Group, Inc.* 4,200 86,520 CSK Auto Corp.* 9,000 154,800 Dollar Thrifty Automotive Group, Inc.* 4,300 219,472 Dorman Products, Inc.* 3,350 38,726

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Dura Automotive Systems, Inc.* 3,200 1,088 Fuel Systems Solutions, Inc.(a)* 3,000 55,560 Hayes Lemmerz International, Inc.(a)* 9,700 70,907 Lear Corp.* 12,800 467,328 Lithia Motors, Inc., Class A 2,397 65,702 LoJack Corp.* 4,000 75,920 Midas, Inc.* 3,000 64,710 Miller Industries, Inc.* 2,100 45,801 Monaco Coach Corp.(a) 6,950 110,713 Monro Muffler Brake, Inc. 3,000 105,300 National R.V. Holdings, Inc.* 2,100 4,641 Noble International Ltd.(a) 2,800 46,984 Proliance International, Inc.(a)* 2,890 10,924 Rent-A-Center, Inc.* 8,100 226,638 Rush Enterprises, Inc., Class A* 2,900 55,709 Skyline Corp. 1,200 40,488 Spartan Motors, Inc.(a) 4,600 106,766 Standard Motor Products, Inc. 3,600 61,452 Strattec Security Corp.(a)* 700 31,136 Superior Industries International, Inc.(a) 5,600 116,648 Supreme Industries, Inc., Class A 1,200 7,020 Tenneco Automotive, Inc.* 9,600 244,416 Titan International, Inc. 3,900 98,787 Tower Automotive, Inc.* 6,500 455 United Auto Group, Inc. 16,800 341,040 United Rentals, Inc.* 200 5,500 Visteon Corp.(a)* 28,300 241,682 Wabash National Corp.(a) 6,800 104,856 Winnebago Industries, Inc.(a) 6,500 218,595 4,838,124 Banks/Savings & Loans — 7.4% 1st Source Corp. 4,467 116,901 Accredited Home Lenders Holding Co.(a)* 3,800 35,226 Alabama National BanCorp. 3,888 275,309 AMCORE Financial, Inc. 5,200 165,100 American Bancorp of New Jersey, Inc. 2,500 28,750 AmericanWest Bancorporation(a) 1,800 38,772 Ameris Bancorp(a) 2,029 49,670 Anchor BanCorp Wisconsin, Inc. 4,800 136,080 Atlantic Coast Federal Corp.(a) 2,500 47,700 Bancfirst Corp. 3,000 139,050 BancorpSouth, Inc.(a) 1,600 39,120 Bank of Florida Corp.(a) 1,500 28,350 Bank of Granite Corp.(a) 2,750 49,280 Bank of the Ozarks, Inc.(a) 3,000 86,160 BankAtlantic Bancorp, Inc., Class A(a) 11,900 130,424 BankFinancial Corp.(a) 4,900 79,723

SHARES VALUE

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document COMMON STOCKS (Continued) Banks/Savings & Loans (Continued) BankUnited Financial Corp., Class A(a) 7,900 167,559 Banner Corp. 2,660 110,523 Berkshire Hills Bancorp, Inc.(a) 1,300 43,745 Beverly Hills Bancorp, Inc. 5,300 40,280 Boston Private Financial Holdings, Inc.(a) 7,200 201,024 Brookline Bancorp, Inc.(a) 12,948 164,051 Camden National Corp.(a) 1,400 60,760 Capital City Bank Group, Inc.(a) 800 26,640 Capital Corp. of the West(a) 1,800 47,790 Capitol Bancorp Ltd.(a) 3,700 136,345 Cardinal Financial Corp.(a) 4,900 48,902 Cathay Bancorp, Inc.(a) 5,818 197,696 Centennial Bank Holdings, Inc.(a)* 12,900 111,585 Center Bancorp, Inc.(a) 2,700 42,147 Center Financial Corp. 3,300 65,241 Central Pacific Financial Corp.(a) 6,100 223,077 CFS Bancorp, Inc.(a) 1,800 26,982 Charter Financial Corp.(a) 2,028 97,344 Chemical Financial Corp.(a) 5,050 150,439 Chittenden Corp. 9,312 281,129 Citizens First Bancorp, Inc.(a) 1,800 41,004 Colony Bankcorp, Inc.(a) 1,100 22,605 Columbia Banking System, Inc.(a) 3,383 114,109 Commercial Bankshares, Inc. 900 43,992 Community Bank Systems, Inc.(a) 6,300 131,796 Community Banks, Inc.(a) 5,200 124,124 Community Trust Bancorp, Inc. 4,498 162,963 Corus Bankshares, Inc.(a) 11,200 191,072 CVB Financial Corp.(a) 17,655 210,094 Dearborn Bancorp, Inc.* 1,050 18,344 Dime Community Bancshares 10,050 132,961 Downey Financial Corp.(a) 700 45,178 East West Bancorp, Inc. 6,400 235,328 Enterprise Financial Services Corp.(a) 1,600 44,800 Financial Institutions, Inc. 1,700 34,119 First Bancorp(a) 2,400 51,312 First Busey Corp., Class A(a) 4,476 95,921 First Charter Corp. 7,500 161,250 First Citizens BancShares, Inc. 200 40,200 First Community Bancorp 6,200 350,548 First Community Bancshares, Inc. 1,561 60,879 First Financial Bancorp(a) 8,665 130,928 First Financial Bankshares, Inc.(a) 3,735 156,198 First Financial Corp.(a) 2,100 64,995 First Financial Holdings, Inc.(a) 1,800 62,280 First Financial Service Corp. 400 11,476 First Indiana Corp. 2,875 62,819 First Mariner Bancorp* 100 1,520 First Merchants Corp. 3,877 91,962

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document First Niagara Financial Group, Inc. 23,285 323,894 First PacTrust Bancorp, Inc. 200 5,161 First Place Financial Corp.(a) 2,900 62,205 First Regional Bancorp* 2,500 74,250 First Republic Bank 6,825 366,502 First State Bancorp 3,900 87,945 FirstFed Financial Corp.(a)* 3,500 198,905 Flagstar Bancorp, Inc.(a) 13,150 157,142 Flushing Financial Corp. 3,700 60,051 F.N.B. Corp.(a) 12,581 211,990 FNB United Corp. 200 3,350 Franklin Bank Corp.(a)* 4,700 83,989 Frontier Financial Corp.(a) 9,099 227,020 Gateway Financial Holdings, Inc.(a) 1,916 27,859 GB&T Bancshares, Inc.(a) 2,900 52,577 German American Bancorp 1,400 18,606 Glacier Bancorp, Inc.(a) 10,972 263,767 Great Lakes Bancorp, Inc.(a)* 760 9,120 Great Southern Bancorp, Inc.(a) 3,000 87,840 Greater Bay Bancorp 10,600 285,034 Greene County Bancshares, Inc.(a) 2,000 67,820 Hancock Holding Co. 6,500 285,870 Hanmi Financial Corp.(a) 10,800 205,848 Harleysville National Corp.(a) 6,045 107,722 Heartland Financial USA, Inc.(a) 1,100 29,425 Heritage Commerce Corp. 2,100 53,529 Horizon Financial Corp.(a) 2,725 60,168 IBERIABANK Corp.(a) 1,375 76,533 Independent Bank Corp.-MA 3,182 104,815 Independent Bank Corp.-MI 4,683 95,393 Integra Bank Corp. 3,700 82,473 Intervest Bancshares Corp.* 1,400 40,180 K-Fed Bancorp(a) 2,875 53,748 KNBT Bancorp, Inc. 6,200 91,388 Lakeland Bancorp, Inc.(a) 3,921 53,130 Lakeland Financial Corp.(a) 2,500 56,750 Legacy Bancorp, Inc. 1,500 23,250 Macatawa Bank Corp.(a) 3,150 57,960 MAF Bancorp, Inc. 7,095 293,307 MainSource Financial Group, Inc.(a) 3,530 59,939 MB Financial, Inc.(a) 7,640 275,116 MBT Financial Corp.(a) 8,300 107,153 Medallion Financial Corp.(a) 3,400 38,896 Mercantile Bank Corp. 1,000 32,480 Mid-State Bancshares(a) 4,800 176,112 Midwest Banc Holdings, Inc.(a) 5,400 95,634 Nara Bancorp, Inc.(a) 5,200 91,052 National City Corp. 3,924 146,169 National Penn Bancshares, Inc.(a) 9,646 182,309 NBT Bancorp, Inc.(a) 6,860 160,730 NewAlliance Bancshares, Inc.(a) 900 14,589

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Northeast Community Bancorp, Inc. 1,100 13,299 Northwest Bancorp, Inc.(a) 11,000 297,990 Oak Hill Financial, Inc. 1,000 24,640 OceanFirst Financial Corp. 2,678 46,463 Old National Bancorp(a) 16,000 290,880 Old Second Bancorp, Inc.(a) 1,700 46,580 Omega Financial Corp.(a) 2,800 79,828 Online Resources Corp.(a)* 7,500 86,025 Pacific Capital Bancorp 9,966 320,108 Pacific Mercantile Bancorp* 1,300 18,460 Pacific Premier Bancorp, Inc.* 300 3,240 Partners Trust Financial Group, Inc. 12,871 147,116 Peapack-Gladstone Financial Corp.(a) 1,250 38,088 PennFed Financial Services, Inc. 2,700 58,509 Pennsylvania Commerce Bancorp, Inc.(a)* 900 25,632 Peoples Bancorp, Inc.(a) 1,400 36,974 PFF Bancorp, Inc. 11,820 358,501 Pinnacle Financial Partners, Inc.(a)* 5,500 167,805 PrivateBancorp, Inc.(a) 2,900 106,024 Prosperity Bancshares, Inc.(a) 9,600 333,504 Provident Bankshares Corp.(a) 7,240 237,906 Provident Financial Holdings, Inc. 1,000 27,520 Provident Financial Services, Inc. 14,515 253,287 Provident New York Bancorp(a) 9,000 127,350 PSB Bancorp, Inc.(a)* 600 10,008 Pulaski Financial Corp.(a) 1,200 18,720 Rainier Pacific Financial Group, Inc. 700 13,902 Renasant Corp.(a) 3,000 74,040 Republic Bancorp, Inc., Class A(a) 8,841 199,895 Riverview Bancorp, Inc. 1,800 28,692

SHARES VALUE COMMON STOCKS (Continued) Banks/Savings & Loans (Continued) Rome Bancorp, Inc. 1,200 14,700 S&T Bancorp, Inc.(a) 4,800 158,592 S.Y. Bancorp, Inc.(a) 2,891 71,870 Sandy Spring Bancorp, Inc. 6,300 218,232 Seacoast Banking Corp. of Florida(a) 3,210 72,771 Security Bank Corp.(a) 3,300 66,462 Sierra Bancorp(a) 2,100 58,926 Simmons First National Corp., Class A(a) 3,100 93,217 Southern Community Financial Corp.(a) 3,300 33,858 Southside Bancshares, Inc.(a) 1,364 31,249 Southwest Bancorp, Inc. 2,600 66,794 State Bancorp, Inc. 2,277 44,902 Sterling Bancorp 3,740 67,694 Sterling Bancshares, Inc. 18,300 204,594 Sterling Financial Corp.-WA(a) 9,054 282,394

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Sterling Financial Corp.-PA(a) 6,200 137,640 Suffolk Bancorp(a) 2,200 71,016 Sun American Bancorp* 3,900 19,500 Sun Bancorp, Inc.(a)* 4,132 76,814 Superior Bancorp(a)* 7,200 77,760 SVB Financial Group(a)* 6,900 335,271 Synergy Financial Group, Inc.(a) 1,938 30,330 Taylor Capital Group, Inc. 2,200 77,000 Temecula Valley Bancorp, Inc.(a)* 1,100 23,485 Texas Capital Bancshares, Inc.* 1,900 38,950 The Bancorp, Inc.(a)* 2,600 67,600 TierOne Corp. 3,600 97,344 Timberland Bancorp, Inc. 1,300 45,825 Tompkins Trustco, Inc.(a) 700 29,302 Trico Bancshares(a) 2,400 56,808 TrustCo Bank Corp. NY(a) 15,734 150,732 Trustmark Corp. 8,400 235,536 UCBH Holdings, Inc.(a) 6,000 111,720 UMB Financial Corp. 9,000 339,840 Umpqua Holdings Corp.(a) 12,242 327,718 Union Bankshares Corp.(a) 2,400 62,256 United Bankshares, Inc. 8,400 294,252 United Community Banks, Inc.(a) 9,809 321,637 United Community Financial Corp.(a) 6,200 68,510 United Financial Bancorp, Inc. 1,600 23,744 Univest Corp. of Pennsylvania(a) 2,000 49,540 USB Holding Co., Inc.(a) 4,000 90,760 Virginia Commerce Bancorp(a)* 3,600 77,940 Washington Banking Co. 1,600 24,480 Washington Trust Bancorp, Inc.(a) 3,000 80,430 WesBanco, Inc.(a) 4,300 132,741 West Bancorporation(a) 3,150 47,534 West Coast Bancorp 2,947 94,216 Westamerica Bancorporation(a) 6,300 303,471 Western Alliance Bancorp(a)* 5,100 158,304 Willow Grove Bancorp, Inc.(a) 2,940 37,926 Wilshire Bancorp, Inc.(a) 6,600 108,240 Wintrust Financial Corp.(a) 4,750 211,897 Yardville National Bancorp(a) 1,850 67,174 21,992,830 Broadcasting — 1.0% 4Kids Entertainment, Inc.* 2,900 54,868 Acacia Research-Acacia Technologies(a)* 14,000 221,480 Acme Communications, Inc. 3,269 18,633 Beasley Broadcast Group, Inc., Class A(a) 1,657 14,035 Charter Communications, Inc., Class A(a)* 177,800 496,062 Citadel Broadcasting Corp.(a) 30,200 287,202 Cox Radio, Inc., Class A(a)* 7,800 106,470 Crown Media Holdings, Inc., Class A(a)* 16,300 86,879 Cumulus Media, Inc., Class A(a)* 6,400 60,032 DG Fastchannel, Inc.(a)* 7,450 123,893

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Entercom Communications Corp. 7,100 200,078 Entravision Communications Corp.* 13,400 125,156 Gray Television, Inc. 8,900 92,738 Lin TV Corp., Class A(a)* 5,500 87,450 Mediacom Communications Corp.* 18,200 148,148 Medialink Worldwide, Inc.(a)* 400 2,324 National Lampoon, Inc.(a)* 1,100 2,068 New Frontier Media, Inc. 10,200 91,800 NTN Communications, Inc.(a)* 5,300 6,095 Radio One, Inc., Class D* 19,012 122,818 Regent Communications, Inc.* 8,600 27,692 Saga Communications, Inc., Class A* 4,250 41,353 Salem Communications Corp., Class A 3,500 43,750 Sinclair Broadcast Group, Inc., Class A 9,900 152,955 Spanish Broadcasting System, Inc., Class A(a)* 8,060 32,240 TiVo, Inc.(a)* 32,800 208,280 Westwood One, Inc. 18,100 124,347 World Wrestling Federation Entertainment, Inc.(a) 5,100 83,130 3,061,976 Building & Construction — 1.9% AAON, Inc.(a) 2,600 67,938 Ampco-Pittsburgh Corp. 2,200 63,558 Apogee Enterprises, Inc. 6,200 124,248 Builders FirstSource, Inc. 7,200 115,704 Cavalier Homes, Inc.(a)* 2,900 14,094 Cavco Industries, Inc. 400 13,980 Champion Enterprises, Inc.(a)* 16,800 147,840 Comfort Systems USA, Inc. 8,100 97,038 Comstock Homebuilding Cos, Inc., Class A(a)* 1,700 6,885 Dominion Homes, Inc.(a)* 1,000 4,470 Drew Industries, Inc.(a)* 4,000 114,720 Dycom Industries, Inc.* 8,800 229,328 Emcor Group, Inc.* 6,200 365,676 Fleetwood Enterprises, Inc.(a)* 13,400 105,994 Home Solutions of America, Inc.(a)* 8,500 40,375 Hovnanian Enterprises, Inc., Class A(a)* 9,500 239,020 Infrasource Services, Inc.* 7,900 241,187 Insituform Technologies, Inc., Class A(a)* 5,400 112,266 Integrated Electrical Services, Inc.(a)* 3,398 84,033 Interline Brands, Inc.* 3,200 70,144 KSW, Inc. 1,000 6,400 Layne Christensen Co.(a)* 2,600 94,692 Levitt Corp., Class A(a) 3,000 27,930 M/I Homes, Inc.(a) 2,300 61,065 Meritage Corp.(a)* 5,700 183,084 Michael Baker Corp.* 1,300 31,590 Modine Manufacturing Co. 6,900 158,010 Modtech Holdings, Inc.(a)* 1,500 4,710 NCI Building Systems, Inc.(a)* 3,500 167,090 Orleans Homebuilders, Inc.(a) 3,900 34,515 Palm Harbor Homes, Inc.(a)* 4,600 65,964

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Perini Corp.* 5,800 213,788 Simpson Manufacturing Co., Inc.(a) 10,100 311,484 Standard Pacific Corp.(a) 9,900 206,613 Sterling Construction Co., Inc.(a)* 1,200 22,872 Technical Olympic USA, Inc.(a) 10,700 42,693 Texas Industries, Inc.(a) 6,600 498,498 The Shaw Group, Inc.* 10,400 325,208 Trex Co., Inc.(a)* 2,700 58,131

SHARES VALUE COMMON STOCKS (Continued) Building & Construction (Continued) U.S. Home Systems, Inc.* 1,100 14,025 URS Corp.* 6,600 281,094 Washington Group International, Inc. 4,900 325,458 WCI Communities, Inc.(a)* 8,600 183,524 5,576,936 Business Services — 3.5% Acxiom Corp. 1,700 36,363 Administaff, Inc. 6,100 214,720 Ambassadors International, Inc.(a) 2,197 101,370 AMN Healthcare Services, Inc.* 7,500 169,650 aQuantive, Inc.* 12,000 334,920 Barrett Business Services, Inc. 2,100 48,405 BearingPoint, Inc.(a)* 50,300 385,298 Bowne & Co., Inc. 5,600 88,088 Brady Corp., Class A 8,400 262,080 Catalina Marketing Corp. 9,600 303,168 CDI Corp.(a) 4,200 121,464 CIBER, Inc.* 11,900 93,653 Concur Technologies, Inc.(a)* 10,900 190,314 CorVel Corp.(a)* 2,550 77,137 CRA International, Inc.(a)* 2,300 120,014 Cross Country Healthcare, Inc.* 7,100 129,433 CSG Systems International, Inc.* 10,600 265,212 Diamond Management & Technology Consultants, Inc. 7,300 85,337 EDGAR Online, Inc.(a)* 5,100 13,872 Edgewater Technology, Inc. 2,300 19,412 Electro Rent Corp.* 5,383 77,515 ePlus, Inc.* 1,200 12,780 First Consulting Group, Inc.* 7,200 65,520 Forgent Networks, Inc.(a)* 4,800 4,896 Forrester Research, Inc.* 5,600 158,816 Foundry Networks, Inc.* 26,300 356,891 Franklin Covey Co.* 4,100 32,390 FTI Consulting, Inc.(a)* 8,775 294,752 Gartner, Inc., Class A* 24,900 596,355 Gevity HR, Inc.(a) 5,224 103,122 Heidrick & Struggles International, Inc.* 3,000 145,350

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Hill Intl, Inc.(a) 10,900 77,608 Hudson Highland Group, Inc.* 5,400 84,186 infoUSA, Inc. 8,500 81,770 Innodata Isogen, Inc.* 4,600 13,064 Intelli-Check, Inc.(a)* 1,900 13,927 John H. Harland Co. 5,000 256,150 Keane, Inc.* 11,900 161,602 Kelly Services, Inc., Class A 6,800 218,960 Kenexa Corp.* 4,500 140,085 Kforce, Inc.* 17,045 234,710 Korn/Ferry International(a)* 9,400 215,636 Labor Ready, Inc.* 21,300 404,487 LECG Corp.* 4,600 66,608 MAXIMUS, Inc. 4,400 151,712 Microstrategy, Inc., Class A* 2,101 265,545 MPS Group, Inc.* 21,700 307,055 National Technical Systems, Inc.* 1,400 8,498 Navigant Consulting, Inc.* 11,000 217,360 On Assignment, Inc.* 6,400 79,424 PDI, Inc.* 3,600 34,272 RCM Technologies, Inc.* 2,600 18,538 Resources Connection, Inc.* 10,600 339,094 SM&A(a)* 3,200 22,720 Spherion Corp.* 11,700 103,194 SYS(a)* 1,600 3,424 TALX Corp.(a) 11,649 385,931 TeamStaff, Inc.* 2,100 2,478 TeleTech Holdings, Inc.* 14,200 520,998 Tetra Tech, Inc.* 23,400 446,004 TRC Cos., Inc.(a)* 3,950 39,856 Versar, Inc.* 3,800 20,292 Watson Wyatt & Co. Holdings 8,500 413,525 Westaff, Inc.(a)* 3,300 18,876 10,275,886 Chemicals — 2.2% A. Schulman, Inc. 5,900 139,004 Aceto Corp. 9,525 75,248 American Vanguard Corp.(a) 5,233 89,432 Arch Chemicals, Inc. 4,700 146,734 Aviza Technology, Inc. 3,294 23,750 Balchem Corp. 3,150 55,692 Cabot Microelectronics Corp.(a)* 4,500 150,795 CF Industries Holdings, Inc. 14,400 555,120 CPAC, Inc.(a) 1,000 8,500 Dionex Corp.* 3,500 238,385 Ferro Corp. 8,500 183,685 GenTek, Inc.(a)* 1,600 54,496 Georgia Gulf Corp.(a) 7,200 116,712 H.B. Fuller Co. 13,100 357,237 Hawkins, Inc. 1,200 17,760 Hercules, Inc.* 22,600 441,604

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document ICO, Inc.* 5,200 31,928 Kronos Worldwide, Inc.(a) 7,967 258,210 Landec Corp.* 4,600 65,228 Lumera Corp. 3,400 17,034 MacDermid, Inc. 6,500 226,655 Minerals Technologies, Inc. 3,300 205,128 NewMarket Corp. 5,000 203,350 NL Industries, Inc.(a) 10,700 116,630 Olin Corp. 16,000 271,040 OM Group, Inc.* 5,600 250,208 Omnova Solutions, Inc.* 11,400 62,244 Penford Corp. 1,500 30,210 Pioneer Cos., Inc.(a)* 2,400 66,336 PolyOne Corp.* 19,600 119,560 Quaker Chemical Corp.(a) 1,300 30,953 Rockwood Holdings, Inc.* 14,800 409,664 RPM, Inc. 2,000 46,200 Solutia, Inc.* 5,000 3,405 Spartech Corp. 7,100 208,314 Stepan Co.(a) 1,700 44,625 Symyx Technologies* 5,800 102,776 Terra Industries, Inc.(a)* 20,400 357,000 Tronox, Inc., Class A(a) 7,400 106,560 UAP Holding Corp. 14,112 364,795 WD-40 Co. 3,600 114,156 Wellman, Inc.(a) 6,900 24,840 6,391,203 Commercial Services — 2.0% Advance America Cash Advance Centers, Inc.(a) 5,400 83,106 Arbitron, Inc. 6,000 281,700 Cash Systems, Inc.(a)* 6,900 40,848 CBIZ, Inc.(a)* 15,700 111,470 Central Parking Corp.(a) 6,600 146,388 Clayton Holdings, Inc. 1,900 29,146 Coinmach Service Corp., Class A(a) 8,300 88,063 Coinstar, Inc.(a)* 5,600 175,280 Collectors Universe, Inc. 1,500 21,015 Competitive Technologies, Inc.* 1,800 5,580

SHARES VALUE COMMON STOCKS (Continued) Commercial Services (Continued) CoStar Group, Inc.(a)* 3,300 147,444 CPI Corp. 1,100 57,761 Deluxe Corp. 11,300 378,889 Euronet Worldwide, Inc.(a)* 7,800 209,508 Global Cash Access Holdings, Inc. 5,400 90,126 GP Strategies Corp.* 2,600 23,660 Healthcare Services Group(a) 12,200 349,530

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Heartland Payment Systems, Inc.(a) 7,800 184,392 ICT Group, Inc.* 3,000 52,500 Integrated Alarm Services Group, Inc.* 4,600 17,664 Intersections, Inc.* 5,800 58,290 Live Nation, Inc.* 14,400 317,664 Mac-Gray Corp.* 2,000 31,320 McGrath Rentcorp 5,000 158,350 Medifast, Inc.(a)* 2,000 14,320 Mobile Mini, Inc.(a)* 7,100 190,138 Newtek Business Services, Inc.* 7,650 15,530 Perceptron, Inc.* 1,100 9,900 Pfsweb, Inc.(a)* 1,448 1,491 PHH Corp.(a)* 11,200 342,272 Plexus Corp.* 9,100 156,065 Pre-Paid Legal Services, Inc.(a)* 2,300 115,253 Providence Service Corp.(a)* 4,800 113,856 ProxyMed, Inc.(a)* 4,900 14,161 Quanta Services, Inc.(a)* 22,200 559,884 Rewards Network, Inc.(a)* 5,900 31,270 Sirva, Inc.(a)* 16,300 58,191 Source Information Management Co.(a)* 12,800 85,888 Standard Parking Corp.* 2,000 70,740 StarTek, Inc.(a) 3,200 31,328 SYNNEX Corp.* 6,200 131,688 Team, Inc.(a)* 1,600 61,040 TETRA Technologies, Inc.* 12,150 300,226 TGC Industries, Inc.* 3,100 26,691 The Management Network Group, Inc.(a)* 7,100 12,922 TNS, Inc.* 4,600 74,014 UniFirst Corp. 3,000 115,110 Vertrue, Inc.(a)* 1,500 72,165 Viad Corp. 4,500 173,700 Wright Express Corp.* 2,100 63,693 5,901,230 Communication Services — 0.0% Telkonet, Inc.(a)* 14,900 40,081 Terremark Worldwide, Inc.(a)* 10,800 87,048 127,129 Communications Equipment — 1.8% ANADIGICS, Inc.(a)* 22,000 260,040 Andrew Corp.* 35,100 371,709 Applied Innovation, Inc.* 1,400 4,704 Applied Signal Technology, Inc. 2,700 48,411 Arris Group, Inc.(a)* 23,600 332,288 Atheros Communications, Inc.(a)* 11,600 277,588 Avanex Corp.(a)* 29,700 53,163 Avici Systems, Inc.(a)* 2,900 33,118 Captaris, Inc.* 5,000 28,950 Centillium Communications, Inc.* 7,800 14,976 Ceradyne, Inc.(a)* 5,525 302,439 Cosine Communications, Inc.(a)* 800 2,440

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Datalink Corp.* 2,300 18,009 Digi International, Inc.* 5,500 69,850 Endwave Corp.* 2,950 35,105 Finisar Corp.(a)* 122,500 428,750 General Cable Corp.* 7,500 400,725 I.D. Systems, Inc.(a)* 1,600 19,248 Inter-Tel, Inc. 4,400 104,016 InterVoice-Brite, Inc.(a)* 11,100 73,704 Ixia* 14,128 131,390 KVH Industries, Inc.(a)* 3,300 30,756 MasTec, Inc.(a)* 19,900 219,099 Network Equipment Technologies, Inc.* 5,600 54,320 North Pittsburgh Systems, Inc.(a) 2,300 50,071 Oplink Communications, Inc. 4,300 77,271 Optical Cable Corp.* 374 1,990 Optical Communication Products, Inc.(a)* 8,900 11,926 Performance Technologies, Inc.* 2,500 12,525 SeaChange International, Inc.* 6,100 49,654 Sirenza Microdevices, Inc.(a)* 15,339 132,222 Sonus Networks, Inc.(a)* 121,400 979,698 SRS Labs, Inc.* 2,700 37,611 Tekelec(a)* 14,100 210,231 Terayon Communication Systems, Inc.* 13,800 24,150 Tut Systems, Inc.(a)* 5,572 6,352 UTStarcom, Inc.(a)* 25,400 210,566 Verilink Corp.* 2,100 8 ViaSat, Inc.* 6,400 211,008 Vyyo, Inc.(a)* 3,400 27,914 WJ Communications, Inc.(a)* 22,450 38,839 Zhone Technologies, Inc.(a)* 28,283 35,071 5,431,905 Computer Equipment — 2.5% Adaptec, Inc.* 25,200 97,524 Agilysys, Inc. 6,376 143,269 Airspan Networks, Inc.(a)* 8,900 33,820 Astro-Med, Inc. 375 4,125 Bookham, Inc.(a)* 20,055 45,525 Brocade Communications Systems, Inc.* 65,042 619,200 Calamp Corp.(a)* 4,625 39,914 California Micro Devices Corp.* 5,100 23,868 Ciprico, Inc.(a)* 500 3,960 Concurrent Computer Corp.* 14,452 22,690 Cray, Inc.* 3,850 53,091 Dataram Corp. 1,599 6,572 Dot Hill Systems Corp.* 9,400 34,310 Electronics for Imaging, Inc.* 12,500 293,125 Emulex Corp.* 19,100 349,339 Hauppauge Digital, Inc.* 1,400 9,562 Hurco Cos., Inc.* 1,000 42,850 Hutchinson Technology, Inc.(a)* 5,700 133,095 Imation Corp. 6,900 278,622

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Immersion Corp.(a)* 4,600 41,492 Insight Enterprises, Inc.* 11,250 202,275 Integral Systems, Inc.(a) 2,000 48,340 Interphase Corp.(a)* 1,200 13,392 Iomega Corp.(a)* 12,000 45,000 KEY Tronic Corp.* 1,700 6,970 Komag, Inc.(a)* 6,900 225,837 Kronos, Inc.(a)* 6,700 358,450 Lasercard Corp.(a)* 2,100 24,759 Maxwell Technologies, Inc.(a)* 3,100 38,812 Mentor Graphics Corp.* 27,600 450,984 Mercury Computer Systems, Inc.* 3,800 52,706 Mobility Electronics, Inc.(a)* 5,800 18,038 MTS Systems Corp. 3,400 132,056 NYFIX, Inc.* 5,600 34,160 Palm, Inc.(a)* 21,396 387,909 Quantum Corp.(a)* 64,800 174,960 RadiSys Corp.(a)* 9,500 155,230 Rimage Corp.* 4,700 121,777

SHARES VALUE COMMON STOCKS (Continued) Computer Equipment (Continued) SCM Microsystems, Inc.(a)* 3,000 12,840 Semtech Corp.* 35,200 474,496 Sigma Designs, Inc.(a)* 11,000 288,860 Silicon Storage Technology, Inc.(a)* 22,800 112,404 Standard Microsystems Corp.* 4,100 125,214 STEC, Inc.(a) 10,000 70,400 Stratasys, Inc.(a)* 1,350 57,672 Stratos International, Inc.* 2,954 21,919 Synaptics, Inc.(a)* 12,000 306,960 Transact Technologies, Inc.(a)* 1,300 9,048 Trident Microsystems, Inc.* 26,600 533,596 Varian Semiconductor Equipment Associates, Inc.* 9,300 496,434 Virage Logic Corp.(a)* 4,300 31,261 Whitney Holding Corp. 675 20,641 7,329,353 Computer Services — 1.9% 3D Systems Corp.(a)* 3,800 83,258 Analysts International Corp.* 4,500 8,775 Aspen Technology, Inc.(a)* 12,200 158,600 Avocent Corp.* 9,736 262,580 Black Box Corp. 3,700 135,198 Carreker Corp.* 5,600 44,912 Catapult Communications Corp.* 3,361 32,736 Computer Programs & Systems, Inc.(a) 2,300 61,686 Computer Task Group, Inc.* 3,700 16,687 COMSYS IT Partners, Inc.* 3,800 75,620

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Covansys Corp.* 7,400 182,632 Dynamics Research Corp.* 1,100 12,540 eLoyalty Corp.* 1,100 20,911 Extreme Networks, Inc.* 26,200 110,826 IHS, Inc., Class A* 9,400 386,434 Infocrossing, Inc.(a)* 4,800 71,376 Inforte Corp.* 2,100 7,287 Intelligroup, Inc.(a)* 1,500 2,025 INX, Inc.* 400 4,076 Jack Henry & Associates, Inc. 9,600 230,880 Manhattan Associates, Inc.* 12,000 329,160 MICROS Systems, Inc.* 6,000 323,940 NETGEAR, Inc.* 16,800 479,304 NetScout Systems, Inc.* 6,200 56,110 Overland Storage, Inc.* 2,700 11,178 Perot Systems Corp., Class A* 6,600 117,942 Pomeroy Computer Resources, Inc.* 2,000 18,040 Radiant Systems, Inc.(a)* 6,000 78,180 Saba Software, Inc.(a)* 5,749 37,627 Safeguard Scientifics, Inc.(a)* 26,400 78,144 Sapient Corp.* 27,400 187,964 SI International, Inc.* 2,000 57,420 Sonic Foundry, Inc.* 7,800 31,200 SRA International, Inc., Class A(a)* 7,900 192,444 Sybase, Inc.* 6,700 169,376 Sykes Enterprises, Inc.* 8,400 153,216 Syntel, Inc.(a) 14,400 498,960 TechTeam Global, Inc.* 1,700 21,250 The BISYS Group, Inc.* 35,000 401,100 Tier Technologies, Inc., Class B* 3,900 34,320 Tyler Technologies, Inc.(a)* 17,200 218,440 Viewpoint Corp.* 4,900 2,450 Wind River Systems, Inc.* 17,200 170,968 Xanser Corp.* 6,900 37,950 5,615,722 Computer Software — 3.8% 3Com Corp.* 59,500 232,645 Actuate Corp.* 24,700 128,934 Advent Software, Inc.(a)* 5,600 195,272 Agile Software Corp.(a)* 16,200 112,590 Altiris, Inc.* 5,800 190,878 American Software, Inc., Class A 5,000 40,250 Ansoft Corp.* 4,700 148,708 ANSYS, Inc.* 5,600 284,312 Applix, Inc.* 1,100 14,751 Art Technology Group, Inc.(a)* 23,400 54,288 Authentidate Holding Corp.* 6,200 8,990 AXS-One, Inc.* 7,100 4,402 Blackboard, Inc.(a)* 6,201 208,540 Borland Software Corp.(a)* 16,800 88,536 Bottomline Technologies, Inc.(a)* 5,000 54,500

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document BSQUARE Corp.(a)* 1,300 5,707 Callidus Software, Inc.* 2,200 16,500 Clarus Corp.* 1,900 15,390 Convera Corp.(a)* 9,100 28,574 Dendrite International, Inc.* 12,500 195,750 Echelon Corp.(a)* 8,700 91,698 Emageon, Inc.(a) 4,900 53,900 Embarcadero Technologies, Inc.* 4,700 32,477 Epicor Software Corp.* 12,700 176,657 EPIQ Systems, Inc.(a)* 3,400 69,292 eResearch Technology, Inc.(a)* 10,050 78,993 etrials Worldwide, Inc.(a)* 2,200 10,802 FalconStor Software, Inc.* 14,350 149,527 GSE Systems, Inc.* 1,596 10,135 Hypercom Corp.(a)* 11,300 67,348 Hyperion Solutions Corp.* 6,000 310,980 ImageWare Systems, Inc.(a)* 2,100 5,103 Informatica Corp.* 17,600 236,368 Interactive Intelligence, Inc.* 3,000 45,720 Intermec, Inc.(a)* 11,800 263,612 Interwoven, Inc.* 11,119 187,911 iPass, Inc.(a)* 4,500 22,635 JDA Software Group, Inc.(a)* 6,100 91,683 Kintera, Inc.(a)* 5,700 9,690 L-1 Identity Solutions, Inc.(a)* 15,900 262,509 Lawson Software, Inc.(a)* 47,000 380,230 Magma Design Automation, Inc.* 15,900 190,164 Mantech International Corp., Class A* 3,500 116,935 MapInfo Corp.* 4,500 90,585 Midway Games, Inc.(a)* 20,100 125,625 Mobius Management Systems, Inc.* 3,983 29,355 Moldflow Corp.* 2,100 31,563 Motive, Inc.(a)* 1,400 4,970 MSC Software Corp.* 9,100 125,125 Neoware Systems, Inc.(a)* 6,600 66,462 NetManage, Inc.* 1,997 10,484 Nuance Communications, Inc.(a)* 78,870 1,207,500 Omnicell, Inc.* 6,200 129,704 Openwave Systems, Inc.(a)* 23,633 192,609 OPNET Technologies, Inc.* 10,000 135,100 Opsware, Inc.(a)* 22,200 160,950 Packeteer, Inc.* 8,800 109,296 Parametric Technology Corp.* 13,320 254,279 PDF Solutions, Inc.(a)* 5,900 66,611 Pegasystems, Inc.(a) 8,200 75,850 Pervasive Software, Inc.* 4,000 16,360 Phoenix Technology Ltd.* 6,950 43,437 PLATO Learning, Inc.(a)* 5,000 21,000 Progress Software Corp.* 8,100 252,720 QAD, Inc.(a) 6,600 60,060

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SHARES VALUE COMMON STOCKS (Continued) Computer Software (Continued) Quest Software, Inc.* 22,300 362,821 Secure Computing Corp.(a)* 13,550 104,335 Simulations Plus, Inc.* 400 3,960 SPSS, Inc.* 3,432 123,895 SumTotal Systems Inc.* 4,600 36,708 SupportSoft, Inc.* 11,200 63,168 Synplicity, Inc.(a)* 5,675 39,668 Take-Two Interactive Software, Inc.(a)* 15,200 306,128 TeleCommunication Systems, Inc., ClassA* 6,400 23,808 THQ, Inc.(a)* 11,550 394,894 TIBCO Software, Inc.* 42,100 358,692 Tradestation Group, Inc.* 20,400 256,836 Transaction Systems Architects, Inc., Class A* 10,500 340,095 Ulticom, Inc.* 8,240 67,568 Ultimate Software Group, Inc.(a)* 4,700 123,093 Unica Corp.* 2,950 37,023 VA Software Corp.(a)* 14,500 58,435 Verint Systems, Inc.* 6,100 196,115 Witness Systems, Inc.* 10,200 274,890 11,275,663 Computers — 0.1% Gateway, Inc.(a)* 70,500 154,395 Merge Technologies, Inc.(a)* 6,100 29,707 PAR Technology Corp.(a)* 3,000 29,760 213,862 Construction Materials — 0.1% Eagle Materials, Inc. 3,200 142,816 Huttig Building Products, Inc.* 4,850 29,343 U.S. Concrete, Inc.(a)* 9,700 75,854 248,013 Consumer Products — 0.7% Ascendia Brands, Inc.* 2,300 3,933 Blyth, Inc. 8,900 187,879 Central Garden & Pet Co.(a)* 4,200 62,034 Central Garden & Pet Co., Class A 8,400 123,480 CSS Industries, Inc. 2,100 78,708 Cybex International, Inc.(a)* 3,000 15,990 Fossil, Inc.(a)* 14,875 393,741 Jarden Corp.* 7,425 284,378 Mace Security International, Inc.(a)* 3,200 8,480 Natural Alternatives International, Inc.* 1,000 8,020 Natural Health Trends Corp.(a)* 1,400 2,590 Playtex Products, Inc.* 20,800 282,256 Prestige Brands Holdings, Inc. 300 3,555 PW Eagle, Inc.(a) 2,600 85,904 Russ Berrie & Co., Inc.* 4,000 56,400

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Senomyx, Inc.(a)* 5,700 70,566 Spectrum Brands, Inc.(a)* 11,000 69,630 Tupperware Corp. 12,700 316,611 Ultralife Batteries, Inc.(a)* 3,600 38,880 2,093,035 Containers & Glass — 0.1% Silgan Holdings, Inc. 7,902 403,871

Containers-Paper/Plastic — 0.3% AEP Industries, Inc.* 1,000 43,000 Constar International, Inc.* 2,100 18,585 Graphic Packaging Corp.(a)* 53,500 253,590 Longview Fibre Co. 12,223 301,052 Rock-Tenn Co., Class A 8,300 275,560 891,787 Cosmetics & Toiletries — 0.0% CCA Industries, Inc. 510 6,069 Inter Parfums, Inc.(a) 3,600 75,600 Parlux Fragrances, Inc.(a)* 3,200 17,856 99,525 Distribution/Wholesale — 0.9% ACR Group, Inc.* 2,400 12,192 Advanced Marketing Services, Inc.* 2,700 76 Bell Microproducts, Inc.* 6,400 40,960 Bluelinx Holdings, Inc.(a) 4,200 44,100 Brightpoint, Inc.(a)* 9,944 113,759 Building Materials Holding Corp.(a) 4,200 76,062 Central European Distribution Corp.(a)* 7,125 207,409 Directed Electronics, Inc.(a) 1,200 10,752 Handleman Co.(a) 3,700 25,789 Industrial Distribution Group, Inc.* 1,400 17,486 InfoSonics Corp.(a)* 2,200 7,986 Keystone Automotive Industries, Inc.* 3,200 107,840 LKQ Corp.(a)* 17,100 373,806 Nash-Finch Co.(a) 2,000 68,920 Navarre Corp.(a)* 5,100 19,125 NuCo2, Inc.(a)* 2,900 73,138 Owens & Minor, Inc. 8,400 308,532 Reliv’ International, Inc.(a) 3,700 40,515 Rentrak Corp.* 1,900 29,697 ScanSource, Inc.(a)* 5,700 152,988 Spartan Stores, Inc. 4,734 126,871 United Natural Foods, Inc.(a)* 8,900 272,696 United Stationers, Inc.* 6,400 383,488 Watsco, Inc.(a) 5,300 270,671 2,784,858 Diversified Operations — 2.1% Actuant Corp., Class A 5,100 259,131 Acuity Brands, Inc. 8,000 435,520 AMERCO(a)* 3,600 251,964

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Ameron International Corp. 2,000 131,720 AZZ, Inc.* 700 29,400 Barnes Group, Inc.(a) 11,400 262,314 Chemed Corp. 5,500 269,280 Cornell Corrections, Inc.* 2,700 54,594 Digimarc Corp.* 4,400 44,484 EnPro Industries, Inc.* 4,300 155,015 ESCO Technologies, Inc.(a)* 5,700 255,474 Esterline Technologies Corp.* 5,300 217,671 Federal Signal Corp. 16,800 260,736 Florida East Coast Industries, Inc. 6,100 382,409 Griffon Corp.* 6,250 154,688 Koppers Holdings, Inc.(a) 1,600 41,056 Lancaster Colony Corp. 6,500 287,235 Lydall, Inc.* 2,900 46,081 Mathews International Corp., Class A 7,000 284,900 Myers Industries, Inc. 6,987 130,517 NACCO Industries, Inc., Class A 1,000 137,410 Odyssey Marine Exploration, Inc.(a)* 11,350 41,201 Park-Ohio Holdings Corp.* 2,300 42,550 PICO Holdings, Inc.(a)* 3,200 136,672 Raven Industries, Inc.(a) 3,600 100,980 Sensient Technologies Corp. 10,300 265,534 Standex International Corp. 2,700 76,977 Sturm, Ruger & Co., Inc.* 6,700 90,115 Tredegar Corp. 7,700 175,483 Universal Corp. 4,800 294,480

SHARES VALUE COMMON STOCKS (Continued) Diversified Operations (Continued) Vector Group Ltd.(a) 12,547 234,754 VendingData Corp.(a)* 5,100 13,515 Volt Information Sciences, Inc.(a)* 4,949 129,614 Walter Industries, Inc.(a) 10,700 264,825 Zoltek Cos., Inc.(a)* 5,400 188,622 6,146,921 Education — 0.6% Corinthian Colleges, Inc.* 19,000 261,250 DeVry, Inc. 14,900 437,315 Educate, Inc.(a)* 4,800 36,768 INVESTools, Inc.* 9,500 132,050 Learning Tree International, Inc.(a)* 3,900 43,875 Lincoln Educational Services(a)* 4,800 68,208 Renaissance Learning, Inc.(a) 6,022 79,310 Strayer Education, Inc.(a) 1,600 200,000 The Geo Group, Inc.* 4,200 190,344 The Princeton Review, Inc.(a)* 8,300 44,571 Universal Technical Institute, Inc.(a)* 5,900 136,172

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document 1,629,863 Electric Utilities — 0.4% ALLETE, Inc. 6,400 298,368 Calpine Corp.(a)* 92,000 188,600 Duquesne Light Holdings, Inc.(a) 15,700 310,703 Integrys Energy Group, Inc.(a) 7,139 396,286 Weststar Energy, Inc. 1,400 38,528 1,232,485 Electrical Equipment — 1.4% A.O. Smith Corp. 4,400 168,168 Active Power, Inc.(a)* 9,680 18,779 ADDvantage Technologies Group, Inc.* 700 2,408 Advanced Energy Industries, Inc.* 9,800 206,192 Avid Technology, Inc.(a)* 8,895 310,257 Axcelis Technologies, Inc.* 23,000 175,720 Axsys Technologies, Inc.* 2,200 34,716 C&D Technologies, Inc.(a) 7,300 36,719 Checkpoint Systems, Inc.* 8,600 203,476 Cohu, Inc.(a) 4,400 82,720 Credence Systems Corp.(a)* 33,780 111,812 CyberOptics Corp.* 1,700 23,715 Distributed Energy Systems Corp.(a)* 8,600 11,782 Fiberstars, Inc.(a)* 2,200 12,430 FLIR Systems, Inc.(a)* 8,800 313,896 Franklin Electric Co., Inc.(a) 4,300 199,950 Genlyte Group, Inc.* 4,400 310,420 GrafTech International Ltd.* 22,200 201,576 Hi-Shear Technology Corp. 100 1,100 Ibis Technology Corp.(a)* 2,000 2,640 Input/Output, Inc.* 17,500 241,150 Ionatron, Inc.(a)* 15,900 74,094 Littelfuse, Inc.* 4,965 201,579 LTX Corp.* 22,800 139,536 Meade Instruments Corp.* 3,300 8,118 Measurement Specialties, Inc.(a)* 800 18,048 Paxar Corp.* 15,000 430,500 Photon Dynamics, Inc.* 3,600 45,396 Power Integrations, Inc.* 5,300 120,045 Power-One, Inc.(a)* 18,162 103,887 Research Frontiers, Inc.(a)* 2,600 24,960 Rogers Corp.* 3,900 172,965 SIPEX Corp.(a) 1,900 16,625 Technology Research Corp. 400 1,968 Veeco Instruments, Inc.* 5,700 111,150 Vicor Corp. 6,000 60,120 4,198,617 Electronics — 5.4% Actel Corp.* 5,500 90,860 Advanced Analogic Technologies, Inc. 9,700 63,826 Aeroflex, Inc.(a)* 16,200 213,030 Aetrium, Inc.* 2,200 8,184

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Alliance Semiconductor Corp.* 3,550 16,011 American Superconductor Corp.(a)* 16,500 222,255 American Technical Ceramics Corp.(a)* 200 2,778 AMIS Holdings, Inc.* 19,400 212,430 Amkor Technology, Inc.(a)* 37,200 464,256 Analogic Corp. 2,200 138,336 Anixter International, Inc.(a)* 6,800 448,392 Apogee Technology, Inc.(a)* 700 798 Applied Micro Circuits Corp.* 105,500 385,075 Arotech Corp.(a)* 1,457 4,939 Asyst Technologies, Inc.* 10,200 71,706 Atari, Inc.(a) 2,300 7,613 ATMI, Inc.* 7,700 235,389 Audiovox Corp., Class A* 3,800 55,974 AXT, Inc.(a)* 12,400 59,396 Badger Meter, Inc.(a) 3,000 79,650 Bel Fuse, Inc., Class B(a) 1,100 42,581 Belden CDT, Inc.(a) 9,450 506,425 Benchmark Electronics, Inc.* 16,785 346,778 Brooks Automation, Inc.* 15,874 272,239 BTU International, Inc.(a)* 600 6,000 Capstone Turbine Corp.(a)* 20,500 21,730 Catalyst Semiconductor, Inc.(a)* 4,100 14,883 CEVA, Inc.(a)* 3,975 28,739 Cirrus Logic, Inc.* 18,400 140,944 Coherent, Inc.* 6,900 219,006 CompuDyne Corp.(a)* 1,100 6,677 Conexant Systems, Inc.(a)* 116,333 191,949 Cree, Inc.(a)* 1,600 26,336 CTS Corp. 6,500 89,830 Cubic Corp. 5,600 121,184 Cymer, Inc.* 8,200 340,710 Daktronics, Inc.(a) 11,500 315,560 Digital Theater Systems, Inc.(a)* 3,700 89,651 Diodes, Inc.(a)* 4,800 167,280 DSP Group, Inc.* 5,700 108,300 Electro Scientific Industries, Inc.* 5,780 111,207 Electroglas, Inc.(a)* 4,600 9,752 EMCORE Corp.(a)* 25,100 125,500 Emerson Radio Corp.(a)* 5,100 16,320 Energy Conversion Devices, Inc.(a)* 8,600 300,484 EnerSys(a)* 14,500 249,110 Entegris, Inc.* 35,174 376,362 ESS Technology, Inc.(a)* 8,900 11,392 Exar Corp.* 7,900 104,596 Excel Technology, Inc.* 1,600 43,728 FARO Technologies, Inc.* 3,250 93,827 Flextronics International Ltd.* 11,814 129,245 FormFactor, Inc.* 7,100 317,725 Frequency Electronics, Inc. 1,400 15,288 Genesis Microchip, Inc.(a)* 6,400 59,456

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document HEI, Inc.(a)* 1,200 1,428 Henry Bros. Electronics, Inc.* 300 1,322 hi/fn, Inc.* 4,900 29,743 Hittite Microwave Corp.(a)* 6,700 269,139 II-VI, Inc.* 15,100 511,135 InFocus Corp.* 8,400 23,520 Innovex, Inc.* 3,812 6,862

SHARES VALUE COMMON STOCKS (Continued) Electronics (Continued) Integrated Silicon Solution, Inc.* 9,850 54,865 Interlink Electronics, Inc.(a)* 2,600 8,190 inTEST Corp.* 1,700 7,650 IntriCon Corp.* 1,000 5,900 Iteris, Inc.* 6,798 15,635 Itron, Inc.(a)* 5,300 344,712 IXYS Corp.(a)* 6,800 69,564 Keithley Instruments, Inc. 3,500 53,515 KEMET Corp.* 16,500 126,225 Kopin Corp.(a)* 13,800 46,644 LaBarge, Inc.* 3,700 48,100 Lamson & Sessions Co.(a)* 3,400 94,486 Lattice Semiconductor Corp.* 34,159 199,830 LeCroy Corp.* 2,785 23,255 LogicVision, Inc.(a)* 2,900 2,610 LSI Industries, Inc. 3,900 65,286 MagneTek, Inc.* 6,100 30,744 Mattson Technology, Inc.* 26,600 242,060 Merix Corp.(a)* 3,900 32,058 Methode Electronics, Inc., Class A 8,200 121,114 Micrel, Inc.* 17,200 189,544 Microsemi Corp.(a)* 15,791 328,611 Microtune, Inc.(a)* 24,200 99,704 Mindspeed Technologies, Inc.(a)* 23,300 50,561 MIPS Technologies, Inc., Class A* 21,100 188,423 MKS Instruments, Inc.* 12,400 316,448 Monolithic Power Systems, Inc.(a) 5,800 74,820 MoSys, Inc.(a)* 6,600 55,440 Multi-Fineline Electronix, Inc.(a)* 6,500 99,775 Nanometrics, Inc.* 2,100 14,070 Napco Security Systems, Inc.(a)* 3,750 19,875 NeoMagic Corp.(a)* 1,800 5,814 Netlogic Microsystems, Inc.(a)* 9,500 252,890 Newport Corp.(a)* 8,200 134,234 Nu Horizons Electronics Corp.(a)* 2,900 30,537 OmniVision Technologies, Inc.(a)* 10,200 132,192 ON Semiconductor Corp.(a)* 47,300 421,916 OSI Systems, Inc.(a)* 3,300 87,252

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Park Electrochemical Corp. 4,000 108,480 Pericom Semiconductor Corp.* 5,500 53,790 Photronics, Inc.* 9,100 141,505 Pixelworks, Inc.* 3,400 5,610 Planar Systems, Inc.* 2,779 24,094 PLX Technology, Inc.(a)* 5,600 54,544 PMC-Sierra, Inc.(a)* 46,200 323,862 QuickLogic Corp.(a)* 10,100 28,381 Ramtron International Corp.* 10,700 28,676 REMEC, Inc.(a)* 4,693 7,227 RF Monolithics, Inc.(a)* 1,600 8,144 Richardson Electronics Ltd. 2,700 25,218 Rudolph Technologies, Inc.(a)* 6,058 105,652 Sigmatel, Inc.(a)* 9,000 28,260 Silicon Image, Inc.* 18,800 153,408 Skyworks Solutions, Inc.* 35,900 206,425 Sonic Solutions(a)* 4,600 64,860 Spectrum Control, Inc.* 2,800 34,440 Spire Corp.(a)* 1,100 12,243 Staktek Holdings, Inc.(a)* 20,500 66,625 Stoneridge, Inc.* 4,600 47,656 Supertex, Inc.(a)* 2,000 66,420 Syntax Brillian Corp.(a)* 13,175 110,670 Sypris Solutions, Inc. 2,900 18,763 Taser International, Inc.(a)* 13,600 109,208 Technitrol, Inc. 8,000 209,520 Tessera Technologies, Inc.* 9,000 357,660 Transmeta Corp.(a)* 22,000 12,540 TranSwitch Corp.(a)* 20,300 32,277 Trimble Navigation Ltd.* 1,214 32,584 Tripath Technology, Inc.(a)* 2,700 41 TriQuint Semiconductor, Inc.* 30,200 151,000 Ultimate Electronics, Inc.(b)* 1,600 — Ultra Clean Holdings, Inc.(a)* 1,600 27,680 Ultratech Stepper, Inc.(a)* 4,600 62,606 Universal Display Corp.(a)* 6,900 104,121 Universal Electronics, Inc.* 3,100 86,366 UQM Technologies, Inc.(a)* 4,900 20,335 Vitesse Semiconductor Corp.(a)* 44,300 49,616 Wells-Gardner Electronics Corp.* 1,544 4,939 White Electronic Designs Corp.* 5,200 34,632 ZiLog, Inc.(a)* 3,100 13,857 Zoran Corp.* 9,761 166,132 Zygo Corp.* 3,600 57,636 15,997,093 Energy — 0.3% Environmental Power Corp.* 1,200 8,400 Evergreen Energy, Inc.(a) 15,800 103,806 Evergreen Solar, Inc.(a)* 26,600 259,350 Pacific Ethanol, Inc.(a)* 8,100 137,943 Plug Power, Inc.(a)* 15,763 49,811

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Quantum Fuel Systems Technologies Worldwide, Inc.(a)* 10,200 12,444 Syntroleum Corp.(a)* 11,200 34,944 Teton Energy Corp.* 3,200 15,488 Watts Industries, Inc., Class A(a) 6,400 243,392 865,578 Environmental Services — 0.5% Calgon Carbon Corp.(a)* 7,900 65,649 Compagnie Generale de Geophysique-Veritas* 8,641 359,898 Flanders Corp.(a)* 5,500 39,875 Headwaters, Inc.(a)* 9,300 203,205 Met-Pro Corp.(a) 2,263 32,881 Mine Safety Appliances Co.(a) 7,000 294,420 Rollins, Inc. 14,300 329,043 1,324,971 Facility Services — 0.1% ABM Industries, Inc. 10,800 285,012

Financial Services — 2.6% Advanta Corp., Class A 1,600 64,128 Advanta Corp., Class B 3,900 170,976 AmeriServ Financial, Inc.(a)* 4,400 20,988 Asset Acceptance Capital Corp.* 7,400 114,478 ASTA Funding, Inc.(a) 2,600 112,268 Bankrate, Inc.(a)* 4,000 140,960 BFC Financial Corp.(a)* 5,400 23,760 Cash America International, Inc. 6,200 254,200 Citizens Banking Corp.(a) 15,660 347,026 Citizens South Banking Corp.(a) 1,200 14,988 City Holding Co. 7,900 319,555 CoBiz, Inc.(a) 3,175 63,214 Cohen & Steers, Inc.(a) 11,600 499,728 CompuCredit Corp.(a)* 11,400 355,908 Consumer Portfolio Services, Inc.(a)* 10,500 64,575 Cowen Group, Inc. 2,900 48,256 Delta Financial Corp.(a) 6,000 49,620 Dollar Financial Corp.* 8,600 217,580 eFunds Corp.* 9,800 261,268

SHARES VALUE COMMON STOCKS (Continued) Financial Services (Continued) Empire Financial Holding Co. 1,872 5,054 Encore Capital Group, Inc.* 8,300 82,502 eSPEED, Inc., Class A(a)* 13,100 124,450 Federal Agricultural Mortgage Corp., Class C(a) 1,400 38,080 Financial Federal Corp.(a) 5,700 150,024 First Albany Cos., Inc.* 2,647 4,235 First Commonwealth Financial Corp.(a) 15,500 182,125

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document FirstCity Financial Corp.(a)* 2,100 22,260 Fremont General Corp.(a) 7,700 53,361 GAMCO Investors, Inc., Class A(a) 800 34,664 Greenhill & Co., Inc.(a) 4,200 257,838 Hercules Technology Growth Capital, Inc.(a) 4,600 63,020 HF Financial Corp. 110 2,008 IMPATH Bankruptcy Liquidating Trust, Class A(a) 1,700 1,955 Interactive Data Corp. 5,000 123,750 Investment Technology Group, Inc.* 7,600 297,920 Irwin Financial Corp.(a) 6,200 115,568 Jackson Hewitt Tax Service, Inc. 7,100 228,478 Knight Capital Group, Inc., Class A* 20,400 323,136 LaBranche & Co., Inc.(a)* 8,500 69,360 MarketAxess Holdings, Inc.(a)* 800 13,392 MCG Capital Corp. 12,800 240,128 MicroFinancial, Inc.(a) 400 2,072 Municipal Mortgage & Equity, L. L. C.(a) 5,500 156,750 Netbank, Inc.(a) 1,700 3,757 Ocwen Financial Corp.(a)* 20,100 258,687 Piper Jaffray Cos., Inc.* 3,100 192,014 Portfolio Recovery Associates, Inc.(a)* 3,000 133,950 PRG-Schultz International, Inc.(a)* 1,050 15,004 QC Holdings, Inc.(a) 2,100 27,909 Resource America, Inc. 3,800 89,794 Sanders Morris Harris Group, Inc.(a) 7,700 82,005 Stifel Financial Corp.(a)* 2,565 113,629 Susquehanna Bancshares, Inc. 10,400 241,176 SWS Group, Inc. 5,901 146,404 The South Financial Group, Inc. 4,000 98,880 Thomas Weisel Partners Group, Inc.(a)* 800 15,216 Track Data Corp.(a)* 1,200 4,176 United PanAm Financial Corp.(a)* 2,600 32,500 Westwood Holdings Group, Inc.(a) 258 5,937 World Acceptance Corp.* 9,300 371,535 7,568,179 Food & Beverages — 1.3% American Italian Pasta Co., Class A(a)* 4,800 50,400 American States Water Co.(a) 3,550 130,888 Cal-Maine Foods, Inc.(a) 4,000 53,800 Chiquita Brands International, Inc.(a) 9,300 130,386 Cuisine Solutions, Inc.* 2,900 20,938 Diamond Foods, Inc. 1,200 19,980 Diedrich Coffee, Inc.(a) 200 744 Farmer Brothers Co.(a) 1,700 38,590 Flowers Foods, Inc. 11,325 341,675 Green Mountian Coffee, Inc.(a)* 1,600 100,880 Hain Celestial Group, Inc.* 8,079 242,936 Imperial Sugar Co.(a) 1,200 40,236 Interstate Bakeries Corp.(a)* 6,400 24,000 J & J Snack Foods Corp. 3,500 138,215 John B. Sanfilippo & Son, Inc.(a)* 2,650 35,325

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Lance, Inc. 6,000 121,440 Lifeway Foods, Inc.(a)* 3,200 28,832 M&F Worldwide Corp.(a)* 4,500 214,245 Maui Land & Pineapple Co., Inc.(a)* 1,200 43,380 MGP Ingredients, Inc.(a) 3,400 69,258 Monterey Pasta Co.* 3,300 14,124 National Beverage Corp. 8,100 142,074 Panera Bread Co., Class A(a)* 4,300 253,958 Peet’s Coffee & Tea, Inc.(a)* 2,900 80,098 Performance Food Group Co.* 8,400 259,308 Premium Standard Farms, Inc. 1,200 25,248 Pyramid Breweries, Inc.(a)* 1,600 6,144 Ralcorp Holdings, Inc.* 5,600 360,080 Reddy Ice Holdings, Inc.(a) 1,000 30,180 Redhook ALE Brewery, Inc.(a) 1,056 7,645 Rocky Mountain Chocolate Factory, Inc.(a) 1,200 16,236 Sanderson Farms, Inc.(a) 3,800 140,828 Scheid Vineyards, Inc., Class A* 20 668 Tasty Baking Co. 800 6,984 The Boston Beer Co., Inc., Class A(a)* 1,400 46,690 Tootsie Roll Industries, Inc.(a) 8,000 239,760 Triarc Cos., Inc., Class A(a) 5,300 99,269 Triarc Cos., Inc., Class B 13,400 230,346 3,805,788 Forest & Paper Products — 0.3% Buckeye Technologies, Inc.* 8,000 103,840 Caraustar Industries, Inc.* 5,500 34,540 Chesapeake Corp.(a) 3,900 58,890 Deltic Timber Corp. 1,800 86,328 P.H. Glatfelter Co. 8,400 125,244 Pope & Talbot, Inc.(a)* 6,000 40,500 Schweitzer-Mauduit International, Inc. 3,100 77,035 Universal Forest Products, Inc. 4,200 208,110 Wausau-Mosinee Paper Corp. 10,200 146,472 880,959 Funeral Services — 0.1% Carriage Services, Inc.(a)* 3,900 31,551 Stewart Enterprises, Inc., Class A 20,200 162,812 194,363 Health Care - Biotechnology — 3.1% Acacia Research-CombiMatrix* 5,028 3,017 Advanced Magnetics, Inc.(a)* 2,800 168,756 Affymetrix, Inc.(a)* 8,451 254,122 Alexion Pharmaceuticals, Inc.(a)* 7,000 302,680 Anesiva, Inc.* 3,675 25,357 Antigenics, Inc.(a)* 10,100 22,523 Applera Corp. - Celera Genomics Group.* 13,301 188,874 Arena Pharmaceuticals ,Inc.(a)* 11,800 128,148 ArQule, Inc.(a)* 8,950 66,767 AtheroGenics, Inc.(a)* 7,900 22,199 AVANT Immunotherapeutics, Inc.* 7,100 10,366

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Avigen, Inc.* 4,959 32,184 Barrier Therapeutics, Inc.(a)* 6,000 41,400 BioCryst Pharmaceuticals, Inc.(a)* 5,700 47,709 Bioenvision, Inc.(a)* 8,700 35,583 BioMarin Pharmaceutical, Inc.(a)* 27,300 471,198 BioSante Pharmaceuticals, Inc.(a)* 5,100 30,447 Biosite, Inc.(a)* 2,900 243,513 BioSphere Medical, Inc.(a)* 3,000 22,080 Cambrex Corp. 6,400 157,440 Cell Genesys, Inc.(a)* 9,100 38,220 Ciphergen Biosystems, Inc.(a)* 2,600 3,640 Conceptus, Inc.(a)* 5,800 116,000 Cryolife, Inc.(a)* 5,500 46,255 CuraGen Corp.(a)* 14,150 43,582 Curis, Inc.(a)* 9,600 14,592

SHARES VALUE COMMON STOCKS (Continued) Health Care - Biotechnology (Continued) CV Therapeutics, Inc.(a)* 11,900 93,653 CYTOGEN Corp.(a)* 6,500 13,520 Cytomedix, Inc.(a)* 5,100 6,426 Digene Corp.* 5,200 220,532 Discovery Laboratories, Inc.(a)* 18,972 44,964 Diversa Corp.(a)* 9,900 77,319 Dyax Corp.(a)* 20,200 83,224 Emisphere Technologies, Inc.(a)* 5,544 17,741 Encysive Pharmaceuticals, Inc.(a)* 13,000 35,230 EntreMed, Inc.(a)* 8,900 13,350 Enzo Biochem, Inc.(a)* 6,767 102,046 Enzon, Inc.(a)* 9,000 73,350 Exact Sciences Corp.* 5,043 13,515 Exelixis, Inc.* 20,700 205,758 Gene Logic, Inc.(a)* 5,200 11,180 Genitope Corp.(a)* 7,200 29,880 Genta, Inc.(a)* 35,400 10,974 GenVec, Inc.* 14,000 40,320 Geron Corp.(a)* 13,900 97,300 GTC Biotherapeutics, Inc.(a)* 3,000 3,090 GTx, Inc.(a)* 1,300 26,520 Hana Biosciences, Inc.(a)* 6,000 11,460 Harvard Bioscience, Inc.(a)* 6,100 29,402 Hemispherx Biopharma, Inc.(a)* 13,100 21,353 Idera Pharmaceuticals, Inc.* 4,000 34,360 IDM Pharma, Inc.(a)* 2,000 6,600 Illumina, Inc.* 19,343 566,750 Immunomedics, Inc.(a)* 29,900 136,942 Incyte Corp.(a)* 25,500 168,045 Inhibitex, Inc.* 1,700 2,805

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Inovio Biomedical Corp.(a)* 17,600 56,848 Integra LifeSciences Holdings(a)* 6,200 282,596 InterMune, Inc.(a)* 7,126 175,727 Introgen Therapeutics, Inc.(a)* 9,500 38,380 Isolagen, Inc.* 6,500 25,545 Keryx Biopharmaceuticals, Inc.(a)* 15,800 166,216 Kosan Biosciences, Inc.* 7,400 40,700 Lexicon Genetics, Inc.(a)* 18,400 66,792 LifeCell Corp.(a)* 6,500 162,305 Lipid Sciences, Inc.(a)* 4,200 6,090 Martek Biosciences Corp.* 6,400 131,968 Matritech, Inc.* 3,100 1,581 Maxygen, Inc.* 7,930 88,419 Medarex, Inc.(a)* 26,900 348,086 MicroIslet, Inc.(a)* 7,600 3,648 Micromet, Inc.(a)* 6,866 18,538 Momenta Pharmaceuticals, Inc.(a)* 5,500 71,280 Monogram Biosciences, Inc.(a)* 24,020 46,599 Myriad Genetics, Inc.(a)* 8,800 303,248 Nabi Biopharmaceuticals(a)* 28,400 150,804 Nanogen, Inc.(a)* 9,100 11,648 Neose Technologies, Inc.(a)* 7,159 18,399 Northfield Laboratories, Inc.(a)* 5,600 20,216 Novavax, Inc.(a)* 13,000 33,670 Nuvelo, Inc.(a)* 13,266 48,819 Orchid Cellmark, Inc.(a)* 10,550 65,937 Oscient Pharmaceuticals Corp.(a) 1,725 9,074 Progenics Pharmaceuticals, Inc.* 4,900 116,032 Regeneration Technologies, Inc.* 6,600 47,850 Regeneron Pharmaceuticals, Inc.* 21,900 473,478 RegeneRx Biopharmaceuticals, Inc.(a)* 8,600 19,780 Repligen Corp.(a)* 6,700 21,172 Sangamo BioSciences, Inc.(a)* 6,800 46,240 Savient Pharmaceuticals, Inc.(a)* 12,400 149,048 Seattle Genetics, Inc.(a)* 11,605 95,045 Sequenom, Inc.(a)* 13,133 48,592 StemCells, Inc.* 17,100 43,092 Stratagene Corp.* 4,050 32,886 Strategic Diagnostics, Inc.(a)* 4,150 21,248 Tanox, Inc.(a)* 11,600 217,616 Techne Corp.* 1,700 97,070 Telik, Inc.(a)* 15,600 84,708 The Medicines Co.* 12,600 316,008 Third Wave Technologies, Inc.* 9,237 47,109 Threshold Pharmaceuticals, Inc.(a)* 13,800 20,286 Titan Pharmaceuticals, Inc.(a)* 8,200 20,336 Trimeris, Inc.(a)* 10,097 69,467 ViaCell, Inc.* 4,067 22,165 Vical, Inc.* 7,400 35,668 9,172,290 Health Care - Drugs — 2.9%

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Acadia Pharmaceuticals, Inc.(a)* 5,900 88,618 Accelrys, Inc.* 5,200 33,176 Acusphere, Inc.(a)* 4,600 12,696 Adolor Corp.(a)* 8,800 77,000 Advancis Pharmaceutical Corp.(a)* 6,600 14,520 ADVENTRX Pharmaceuticals, Inc.(a)* 14,300 35,750 Alkermes, Inc.* 22,100 341,224 Allion Healthcare, Inc.(a) 3,600 14,688 Allos Therapeutics, Inc.(a)* 20,200 120,594 Alpharma, Inc., Class A 9,000 216,720 Anika Therapeutics, Inc.* 2,000 24,700 AP Pharma, Inc.* 1,700 1,734 Ardea Biosciences, Inc.* 700 3,675 ARIAD Pharmaceuticals, Inc.(a)* 14,800 66,452 Array BioPharma, Inc.(a)* 15,600 198,120 Auxilium Pharmaceuticals, Inc.* 2,900 42,572 AVANIR Pharmaceuticals(a)* 5,375 6,558 AXM Pharma, Inc.* 1,300 338 Bradley Pharmaceuticals, Inc., Class A(a)* 3,400 65,246 Caraco Pharmaceutical Laboratories Ltd.(a)* 7,700 93,786 Cell Therapeutics, Inc.(a)* 11,600 18,444 Cellegy Pharmaceuticals, Inc.* 2,400 228 CollaGenex Pharmaceuticals, Inc.(a)* 3,700 49,987 Combinatorx, Inc.(a) 5,477 38,284 Corcept Therapeutics, Inc.(a)* 4,500 4,050 Cortex Pharmaceuticals, Inc.(a)* 7,300 16,571 Critical Therapeutics, Inc.(a)* 6,100 13,298 Cubist Pharmaceuticals, Inc.(a)* 12,000 264,840 Dendreon Corp.(a)* 15,800 204,294 DOV Pharmaceutical, Inc.* 4,300 1,591 Durect Corp.(a)* 14,800 61,568 DUSA Pharmaceuticals, Inc.(a)* 4,150 14,857 Dynavax Technologies Corp.(a)* 8,100 44,064 Elite Pharmaceuticals, Inc., Class A(a)* 3,900 9,165 Hi-Tech Pharmacal Co., Inc.(a)* 2,300 25,645 Icagen, Inc.(a)* 300 483 Immtech International, Inc.(a)* 3,000 17,250 ImmunoGen, Inc.(a)* 13,662 65,441 Impax Laboratories, Inc.(a)* 10,500 107,310 Indevus Pharmaceuticals, Inc.(a)* 21,300 150,591 Infinity Pharmaceuticals, Inc.(a)* 3,850 46,354 Inspire Pharmaceuticals, Inc.(a)* 10,750 61,275 Integrated Biopharma, Inc.(a)* 2,200 14,938 Interpharm Holdings, Inc.* 2,000 3,240 Isis Pharmaceuticals, Inc.(a)* 19,300 178,911 Ista Pharmaceuticals, Inc.(a)* 10,950 92,746 Javelin Pharmaceuticals, Inc.(a) 8,500 50,405

SHARES VALUE

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document COMMON STOCKS (Continued) Health Care - Drugs (Continued) K-V Pharmaceutical Co., Class A* 7,300 180,529 K-V Pharmaceutical Co., Class B* 700 17,269 Lannett Co., Inc.* 4,650 23,947 Ligand Pharmaceuticals, Inc., Class B(a)* 13,300 134,064 MannKind Corp.* 10,956 156,671 Medicis Pharmaceutical Corp., Class A(a) 1,600 49,312 Memory Pharmaceuticals, Corp.(a)* 13,800 23,184 Metabasis Therapeutics, Inc.(a)* 6,100 44,835 NeoPharm, Inc.(a)* 6,399 10,878 Neurocrine Biosciences, Inc.(a) 8,000 100,000 Neurogen Corp.* 8,850 57,525 New River Pharmaceuticals, Inc.(a)* 6,900 439,047 NitroMed, Inc.(a)* 8,700 27,144 NPS Pharmaceuticals, Inc.* 10,000 33,900 Omega Protein Corp.(a)* 5,497 38,369 Onyx Pharmaceuticals, Inc.(a)* 13,000 322,920 OSI Pharmaceuticals, Inc.(a)* 11,400 376,200 OXiGENE, Inc.(a)* 5,600 21,448 Pain Therapeutics, Inc.(a)* 19,800 155,232 Panacos Pharmaceuticals, Inc.(a)* 14,500 67,135 Par Pharmaceutical Cos., Inc.(a)* 6,800 170,816 Penwest Pharmaceuticals Co.* 4,800 48,384 PetMed Express, Inc.(a)* 8,500 100,725 Pharmacopeia Drug Discovery, Inc.* 1,800 10,242 Pharmacyclics, Inc.(a)* 4,400 11,704 Pharmion Corp.(a)* 6,400 168,256 POZEN, Inc.(a)* 10,900 160,775 Renovis, Inc.(a)* 5,500 19,250 Rigel Pharmaceuticals, Inc.(a)* 5,550 60,273 Salix Pharmaceuticals Ltd.(a)* 11,000 138,600 Santarus, Inc.(a)* 16,400 115,456 SciClone Pharmaceuticals, Inc.(a)* 13,900 37,947 Sciele Pharma, Inc.(a)* 15,300 362,304 SCOLR Pharma, Inc.(a)* 4,800 11,520 Spectrum Pharmaceuticals, Inc.(a)* 6,500 40,755 Star Scientific, Inc.(a)* 20,050 23,058 Sunesis Pharmaceuticals, Inc.(a)* 1,100 4,950 Super-Gen, Inc.(a)* 17,300 102,070 The Quigley Corp.(a)* 2,100 15,666 United Therapeutics Corp.* 4,000 215,120 Valeant Pharmaceuticals International(a) 19,500 337,155 Valera Pharmaceuticals, Inc.* 3,300 27,555 VaxGen, Inc.* 3,300 6,039 ViroPharma, Inc.* 24,100 345,835 VIVUS, Inc.(a)* 10,200 52,326 Xenoport, Inc.(a)* 5,200 144,872 Zymogenetics, Inc.(a)* 32,100 499,476 8,524,735 Health Care - Products — 4.2%

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document 1-800 CONTACTS, Inc.(a)* 3,500 58,800 Abaxis, Inc.(a)* 5,400 131,598 ABIOMED, Inc.(a)* 5,000 68,300 Akorn, Inc.(a)* 17,300 116,775 Aksys Ltd.(a) 6,045 314 Align Technology, Inc.(a)* 13,500 214,110 Alnylam Pharmaceuticals, Inc.(a)* 7,800 140,400 American Medical Systems Holdings, Inc.(a)* 15,400 326,018 AMICAS, Inc.* 14,050 39,902 Arcadia Resources, Inc.(a) 21,800 43,164 Arrhythmia Research Technology, Inc.(a) 200 5,244 Arrow International, Inc. 9,889 318,030 ArthroCare Corp.(a)* 5,800 209,032 Aspect Medical Systems, Inc.(a)* 4,300 67,037 ATS Medical, Inc.(a)* 6,700 13,802 AVI BioPharma, Inc.(a)* 10,800 28,944 Bentley Pharmaceuticals, Inc.(a)* 4,900 40,131 BioLase Technology, Inc.(a)* 4,400 42,812 Bioveris Corp.(a)* 3,000 39,870 BSD Medical Corp.* 4,100 33,620 Caliper Life Sciences, Inc.* 9,433 53,296 Candela Corp.* 11,000 125,620 Cantel Medical Corp.(a)* 3,950 60,791 Cardiac Science Corp.* 5,796 53,033 CardioDynamics International Corp.* 6,000 5,100 CardioTech International, Inc.(a)* 3,700 5,772 Cerus Corp.(a)* 5,300 35,775 Cholestech Corp.* 2,800 48,272 Clinical Data, Inc.* 149 3,092 Columbia Laboratories, Inc.(a)* 9,900 13,266 CONMED Corp.* 6,150 179,765 Criticare Systems, Inc.* 2,100 8,106 CryoCor, Inc.* 2,100 11,235 Cyberonics, Inc.(a)* 5,700 107,046 Cyclacel Pharmaceuticals, Inc.(a)* 5,100 39,525 Cypress Bioscience, Inc.* 6,700 50,920 Datascope Corp.(a) 3,400 123,046 DepoMed, Inc.(a)* 17,600 62,832 Digirad Corp.(a)* 2,400 11,064 Digital Angel Corp.(a)* 8,800 17,512 DJ Orthopedics, Inc.* 4,800 181,920 E-Z-EM, Inc.* 2,400 38,592 Eclipsys Corp.(a)* 6,300 121,401 Endocare, Inc.(a)* 2,000 4,440 Endologix, Inc.(a)* 12,600 49,518 Enpath Medical, Inc.* 1,300 13,000 Epicept Corp.(a)* 673 1,164 EPIX Pharmaceuticals, Inc.(a)* 6,166 41,312 Haemonetics Corp.* 6,100 285,175 Halozyme Therapeutics, Inc.(a)* 18,300 147,498 Hanger Orthopedic Group, Inc.* 4,000 46,680

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document HealthTronics, Inc.* 7,700 41,503 Hollis-Eden Pharmaceuticals, Inc.(a)* 5,500 13,915 Human Genome Sciences, Inc.* 29,200 310,104 I Trax, Inc.(a)* 7,300 28,689 I-Flow Corp.(a)* 4,297 63,338 ICU Medical, Inc.* 2,950 115,640 Immucor, Inc.* 13,602 400,307 Immunicon Corp.(a)* 5,800 17,052 Implant Sciences Corp.(a)* 2,000 4,160 Insmed, Inc.(a)* 10,300 9,783 Integramed America, Inc.* 2,150 32,143 Interleukin Genetics, Inc.(a)* 4,500 19,710 IntraLase Corp.(a)* 9,700 242,306 Invacare Corp.(a) 7,100 123,824 IOMED, Inc.* 700 1,435 IVAX Diagnostics, Inc.* 3,700 3,811 Kensey Nash Corp.(a)* 1,700 51,850 La Jolla Pharmaceutical Co.(a)* 5,900 35,695 Landauer, Inc.(a) 1,300 65,624 Langer, Inc.* 1,700 9,180 Lifecore Biomedical, Inc.* 2,800 52,556 Luminex Corp.(a)* 8,700 119,364 Mannatech, nc.(a) 5,100 81,906 Matrixx Initiatives, Inc.(a)* 1,400 22,750 Medical Action Industries, Inc.* 2,850 68,115 Medtox Scientific, Inc.* 3,700 68,080 Memry Corp.* 14,200 29,962 Mentor Corp.(a) 5,900 271,400

SHARES VALUE COMMON STOCKS (Continued) Health Care - Products (Continued) Meridian Bioscience, Inc. 5,500 152,680 Merit Medical Systems, Inc.* 5,744 72,087 MGI Pharma, Inc.* 16,526 371,339 Microtek Medical Holdings, Inc.* 9,600 45,696 Milestone Scientific, Inc.(a)* 500 1,525 Minrad International, Inc.* 9,200 47,656 Misonix, Inc.(a)* 2,200 13,244 MTS Medication Technologies, Inc.(a)* 1,300 14,547 Nastech Pharmaceutical Co., Inc.(a)* 3,900 42,081 Natrol, Inc.(a) 2,600 7,540 Natus Medical, Inc.(a)* 4,600 81,742 Nektar Therapeutics(a)* 28,900 377,434 NMT Medical, Inc.* 2,100 28,560 North American Scientific, Inc.(a)* 2,600 2,548 Noven Pharmaceuticals, Inc.(a)* 4,700 109,040 Nutraceutical International Corp.* 2,300 37,950 NuVasive, Inc.(a)* 7,000 166,250

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document OraSure Technologies, Inc.(a)* 9,600 70,560 OrthoLogic Corp.(a)* 7,200 11,232 Osteotech, Inc.* 3,100 23,684 Palatin Technologies, Inc.(a)* 14,200 26,270 Palomar Medical Technologies, Inc.(a)* 8,400 335,580 Perrigo Co. 20,400 360,264 PhotoMedex, Inc.(a)* 9,200 12,512 PolyMedica Corp. 4,900 207,417 Possis Medical, Inc.* 3,800 49,438 PSS World Medical, Inc.* 25,900 547,526 QuadraMed Corp.(a)* 8,900 27,056 Quidel Corp.(a)* 17,200 206,400 Retractable Technologies, Inc.* 2,700 8,235 SeraCare Life Sciences, Inc.(a)* 3,373 23,611 Sirona Dental Systems, Inc.(a) 2,900 99,934 Somanetics Corp.(a)* 2,200 43,868 Sonic Innovations, Inc.* 5,560 46,982 SONUS Pharmaceuticals, Inc.* 3,800 19,114 SRI/Surgical Express, Inc.* 200 1,008 STAAR Surgical Co.(a)* 5,280 29,093 Stereotaxis, Inc.(a)* 1,200 14,280 Synovis Life Technologies, Inc.* 1,900 25,688 The Spectranetics Corp.(a)* 8,500 90,950 Theragenics Corp.* 7,500 46,950 Thoratec Corp.(a)* 21,102 441,032 Urologix, Inc.(a)* 2,600 7,878 Uroplasty, Inc.(a)* 1,100 3,531 USANA Health Sciences, Inc.(a)* 3,400 159,358 Vascular Solutions, Inc.(a)* 2,500 24,600 Ventana Medical Systems, Inc.(a)* 7,200 301,680 Viasys Healthcare, Inc.* 15,000 509,850 Vital Signs, Inc. 2,900 150,742 West Pharmaceutical Services, Inc.(a) 8,900 413,227 Wright Medical Group, Inc.* 7,200 160,488 Zila, Inc.(a)* 9,200 19,320 Zoll Medical Corp.* 3,800 101,270 12,380,420 Health Care - Services — 3.1% Air Methods Corp.(a)* 2,000 48,040 Albany Molecular Research, Inc.* 6,800 66,980 Alliance Imaging, Inc.(a)* 10,400 90,792 Allied Healthcare International, Inc.(a)* 11,950 36,448 Allscripts Heathcare Solutions, Inc.(a)* 16,300 437,003 Amedisys, Inc.* 5,666 183,748 America Service Group, Inc.(a)* 2,000 33,340 American Dental Partners, Inc.* 1,850 40,201 AMERIGROUP Corp.* 10,900 331,360 AmSurg Corp.* 6,550 160,409 Angelica Corp. 2,000 55,080 Apria Healthcare Group, Inc.(a) 8,500 274,125 Bio-Imaging Technologies, Inc.* 2,000 12,520

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Bio-Reference Laboratories, Inc.(a)* 2,300 58,420 BioScrip, Inc.(a)* 7,380 23,099 Capital Senior Living Corp.(a)* 5,200 60,372 Centene Corp.* 9,100 191,009 Dynacq Healthcare, Inc.* 1,300 1,755 Exponent, Inc.* 3,400 67,830 Five Star Quality Care, Inc.(a)* 16,000 164,480 Genesis HealthCare Corp.* 4,100 258,751 Gentiva Health Services, Inc.* 6,500 131,105 HealthExtras, Inc.(a)* 8,600 247,508 Healthspring, Inc. 5,500 129,525 Healthways, Inc.(a)* 6,900 322,575 HMS Holdings Corp.(a)* 5,100 111,690 Hooper Holmes, Inc.* 14,000 62,580 Kendle International, Inc.* 2,300 81,696 Kindred Healthcare, Inc.* 9,400 308,132 LCA-Vision, Inc.(a) 4,100 168,879 Magellan Health Services, Inc.* 5,300 222,600 Matria Healthcare, Inc.(a)* 9,893 260,779 MedCath Corp.* 5,100 139,230 Medical Staffing Network Holdings, Inc.(a)* 6,300 40,005 MedQuist, Inc.* 4,200 41,748 Metropolitan Health Networks, Inc.(a)* 10,500 21,210 Molina Healthcare, Inc.(a)* 5,100 156,009 National Healthcare Corp.(a) 2,100 107,058 National Medical Health Card Systems, Inc.(a)* 907 14,031 NovaMed Eyecare, Inc.* 4,700 30,456 OCA, Inc.(b)(c)* 8,100 81 Odyssey Healthcare, Inc.* 6,850 89,941 Option Care, Inc. 8,275 110,058 PainCare Holdings, Inc.(a)* 9,300 3,441 PAREXEL International Corp.* 5,300 190,641 Pediatric Services of America, Inc.* 500 7,065 Pediatrix Medical Group, Inc.* 5,200 296,712 Pharmanet Development Group, Inc.(a)* 3,450 89,700 Prospect Medical Holdings, Inc.* 1,000 5,000 Psychemedics Corp. 400 6,780 Psychiatric Solutions, Inc.(a)* 9,600 386,976 Quality Systems, Inc.(a) 13,000 520,000 Radiation Therapy Services, Inc.(a)* 5,100 156,264 RadNet, Inc.(a)* 1,750 9,993 RehabCare Group, Inc.* 3,200 50,784 Res-Care, Inc.* 5,800 101,500 Sierra Health Services, Inc.* 7,600 312,892 STERIS Corp. 11,800 313,408 Sun Healthcare Group, Inc.(a)* 9,400 116,090 Sunrise Assisted Living, Inc.(a)* 11,100 438,672 Symbion, Inc.* 4,800 94,128 The Advisory Board Co.* 3,900 197,418 The TriZetto Group, Inc.* 12,400 248,124 U.S. Physical Therapy, Inc.* 2,750 38,280

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document United Surgical Partners International, Inc.* 8,850 272,668 VistaCare, Inc., Class A(a)* 2,600 22,620 9,271,814 Household Appliances & Home Furnishings — 0.2% American Woodmark Corp.(a) 2,700 99,252 Kimball International, Inc., Class B(a) 4,900 94,472

SHARES VALUE COMMON STOCKS (Continued) Household Appliances & Home Furnishings (Continued) Tempur-Pedic International, Inc.(a) 17,000 441,830 635,554 Household Products — 0.2% Bassett Furniture Industries, Inc.(a) 1,500 22,080 Craftmade International, Inc. 400 6,036 Enesco Group, Inc.* 1,500 6 Ethan Allen Interiors, Inc.(a) 6,400 226,176 Furniture Brands International, Inc.(a) 11,300 178,314 Libbey, Inc.(a) 3,650 51,173 Lifetime Brands, Inc.(a) 2,200 45,958 Quaker Fabric Corp.(a)* 2,400 2,832 Restoration Hardware, Inc.(a)* 7,600 49,856 Salton, Inc.(a)* 2,900 6,960 589,391 Instruments - Scientific — 0.8% Angiodynamics, Inc.* 3,663 61,870 Bovie Medical Corp.(a)* 3,000 21,300 Bruker BioSciences Corp.* 22,438 236,048 Cepheid, Inc.(a)* 11,300 134,244 Cutera, Inc.* 2,800 101,332 ev3, Inc.(a)* 12,559 247,412 FEI Co.(a)* 6,800 245,208 Greatbatch, Inc.* 4,400 112,200 Iridex Corp.* 1,000 8,800 IRIS International, Inc.* 4,000 55,800 Kyphon, Inc.(a)* 9,300 419,802 Microvision, Inc.(a)* 9,030 33,230 Neogen Corp.* 1,200 28,296 Neurometrix, Inc.(a)* 1,800 17,478 Occulogix, Inc.* 2,300 3,634 OYO Geospace Corp.(a) 1,000 70,920 RAE Systems, Inc.(a)* 12,600 36,162 Signalife, Inc.(a)* 6,600 11,550 SurModics, Inc.(a)* 3,700 133,200 Symmetry Medical, Inc.(a)* 5,000 81,650 Therma-Wave, Inc.(a)* 6,500 10,075 Vital Images, Inc.(a)* 3,400 113,084 X-Rite, Inc.(a) 5,700 73,815

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document 2,257,110 Insurance — 2.6% 21st Century Holding Co.(a) 1,000 17,880 21st Century Insurance Group 21,000 445,200 Affirmative Insurance Holdings, Inc. 500 8,650 Alfa Corp.(a) 16,895 312,220 American Equity Investment Life Holding Co.(a) 24,000 315,120 American Physicians Capital, Inc.* 1,950 78,156 Argonaut Group, Inc.* 6,200 200,632 Baldwin & Lyons, Inc., Class B 1,300 33,085 Bristol West Holdings, Inc. 6,500 144,105 Brooke Corp.(a) 1,900 22,876 Citizens, Inc., Class A(a)* 10,658 77,910 CNA Surety Corp.* 9,200 194,120 Crawford & Co., Class A 800 4,440 Crawford & Co., Class B(a) 1,300 7,540 Delphi Financial Group, Inc. Class S 7,125 286,639 Direct General Corp. 2,700 57,402 Donegal Group, Inc., Class A 3,688 62,622 EMC Insurance Group, Inc. 3,800 98,040 FBL Financial Group, Inc., Class A 5,600 219,128 Financial Industries Corp.* 900 5,850 First Acceptance Corp.(a)* 18,600 194,742 FPIC Insurance Group, Inc.* 1,400 62,538 Great American Financial Resources, Inc. 10,000 244,800 Harleysville Group, Inc. 6,800 220,932 Hilb, Rogal & Hamilton Co. 7,800 382,590 Horace Mann Educators Corp. 9,400 193,170 Infinity Property & Casualty Corp. 4,300 201,498 KMG America Corp.* 4,550 21,067 LandAmerica Financial Group, Inc.(a) 3,900 288,249 Meadowbrook Insurance Group, Inc.* 8,300 91,217 Mercer Insurance Group, Inc. 1,100 21,879 NYMAGIC, Inc. 1,100 44,935 Ohio Casualty Corp. 6,300 188,685 Penn Treaty American Corp.* 3,950 23,897 PMA Capital Corp., Class A(a)* 6,100 57,279 Presidential Life Corp. 5,600 110,432 ProAssurance Corp.* 5,300 271,095 ProCentury Corp. 2,400 55,680 RLI Corp. 4,600 252,678 RTW, Inc.* 650 5,311 SCPIE Holdings, Inc.* 300 6,810 Seabright Insurance Holdings* 8,600 158,240 Selective Insurance Group, Inc. 10,800 274,968 State Auto Financial Corp. 8,600 276,318 Stewart Information Services Corp. 2,900 121,191 The Commerce Group, Inc. 2,800 84,112 The Midland Co. 600 25,452 The Navigators Group, Inc.* 3,600 180,612 The Phoenix Companies, Inc. 18,100 251,228

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Tower Group, Inc. 4,700 151,434 Triad Guaranty, Inc.(a)* 2,200 91,102 U.S.I. Holdings Corp.* 1,600 26,960 Unico American Corp.* 1,700 21,539 United America Indemnity Ltd.* 1,396 32,387 United Fire & Casualty Co. 6,100 214,293 Universal American Financial Corp.* 11,700 226,746 Vesta Insurance Group, Inc.* 6,900 24 Zenith National Insurance Corp. 750 35,452 7,703,157 Internet Services — 3.1% 1-800-FLOWERS.COM, Inc., Class A* 5,700 44,346 24/7 Real Media, Inc.(a)* 9,700 77,891 Access Integrated Technologies, Inc., Class A(a)* 4,600 24,978 ActivIdentity Corp.* 9,400 47,470 Alloy, Inc.* 2,325 27,621 Answerthink, Inc.* 9,400 30,738 Aptimus, Inc.* 500 1,700 Arbinet-thexchange, Inc.* 2,900 18,328 Ariba, Inc.(a)* 17,950 168,730 Audible, Inc.(a)* 4,700 48,833 Autobytel, Inc.(a)* 16,450 58,233 Blue Coat Systems, Inc.(a)* 3,200 117,536 BroadVision, Inc.(a)* 20,617 55,460 CACI International, Inc., Class A* 4,400 206,184 Chordiant Software, Inc.* 12,418 128,526 CMGI, Inc.* 9,100 19,292 CNET Networks, Inc.(a)* 33,000 287,430 Cogent Communications Group, Inc.(a)* 10,900 257,567 Corillian Corp.(a)* 20,200 100,798 CyberSource Corp.(a)* 7,600 95,076 Digital River, Inc.(a)* 6,100 337,025 Drugstore.com, Inc.(a)* 20,600 53,148 EarthLink, Inc.* 26,500 194,775 eCollege.Com(a)* 4,700 84,365 Entrust Technologies, Inc.* 15,450 62,263

SHARES VALUE COMMON STOCKS (Continued) Internet Services (Continued) Equinix, Inc.(a)* 5,500 470,965 GSI Commerce, Inc.(a)* 9,500 214,605 Harris Interactive, Inc.* 19,600 118,188 HealthStream, Inc.* 4,300 18,490 Hollywood Media Corp.(a)* 13,900 61,021 i2 Technologies, Inc.(a)* 3,900 93,600 iGATE Capital Corp.* 11,640 95,914 Internap Network Services Corp.(a)* 7,300 114,975 Internet Capital Group, Inc.(a)* 8,600 92,020

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document j2 Global Communications, Inc.(a)* 10,400 288,288 Jupitermedia Corp.(a)* 7,800 51,636 Keynote Systems, Inc.* 2,850 38,247 Lionbridge Technologies, Inc.(a)* 12,600 64,134 Looksmart Ltd.* 4,300 16,469 MIVA, Inc.(a)* 6,600 25,344 Move, Inc.* 33,500 185,590 Napster, Inc.(a)* 100 414 Netflix, Inc.(a)* 14,400 333,936 NetRatings, Inc.* 6,900 143,520 Network Engines, Inc.(a)* 8,200 16,564 NIC, Inc. 13,500 72,360 Overstock.com, Inc.(a)* 5,100 84,660 PC-Tel, Inc.* 4,700 47,799 Perficient, Inc.(a)* 6,000 118,680 Priceline.com, Inc.* 8,400 447,384 Quovadx, Inc.* 4,000 10,200 Real Networks, Inc.(a)* 33,100 259,835 RightNow Technologies, Inc.(a)* 15,000 245,700 S1 Corp.* 19,500 117,000 SafeNet, Inc.* 5,772 163,348 Selectica, Inc.* 3,600 6,984 SonicWALL, Inc.* 22,100 184,756 Stamps.com, Inc.(a)* 4,650 66,820 TheStreet.com, Inc.(a) 5,500 67,375 Think Partnership, Inc.* 26,800 64,856 Travelzoo, Inc.(a)* 3,100 113,987 Tumbleweed Communications Corp.* 21,900 67,014 United Online, Inc.(a) 31,650 444,049 ValueClick, Inc.* 16,000 418,080 Varsity Group, Inc.(a)* 3,000 4,560 Vignette, Corp.* 6,010 111,606 Vocus, Inc.* 5,900 118,767 Web.com, Inc.* 2,600 11,388 WebEx Communications, Inc.* 9,000 511,740 webMethods, Inc.* 26,900 193,411 Websense, Inc.* 9,400 216,106 WebSideStory, Inc.(a)* 3,800 49,210 Xanadoo Co.* 10 2,475 Zix Corp.(a)* 5,500 9,955 9,222,338 Leisure — 1.5% Aldila, Inc.(a) 1,000 16,360 Ambassadors Group, Inc. 4,000 132,960 Ameristar Casinos, Inc.(a) 11,100 356,421 Bally Technologies, Inc.(a)* 10,900 257,022 Bally Total Fitness Holding Corp.* 8,700 5,307 Bluegreen Corp.(a)* 5,500 62,095 Carmike Cinemas, Inc.(a) 2,800 64,960 Churchill Downs, Inc. 2,300 104,397 Dover Downs Gaming & Entertainment, Inc. 2,700 34,776

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Dover Motorsports, Inc.(a) 3,600 18,900 Escala Group, Inc.(a)* 6,900 27,807 Escalade, Inc.(a) 1,950 18,408 GameTech International, Inc.* 2,100 25,662 Gaming Partners International Corp.(a) 1,300 23,660 Gaylord Entertainment Co.* 4,322 228,504 Great Wolf Resorts, Inc.* 1,800 23,814 ILX Resorts, Inc.(a) 900 8,370 Interstate Hotels & Resorts, Inc.* 7,500 47,325 Isle of Capri Casinos, Inc.(a)* 7,600 194,712 Johnson Outdoors, Inc., Class A* 1,000 18,420 K2, Inc.* 10,900 131,781 Lakes Entertainment, Inc.(a)* 4,300 47,945 Life Time Fitness, Inc.(a)* 6,700 344,447 Magna Entertainment Corp., Class A(a)* 2,000 7,280 Marine Products Corp.(a) 8,400 80,388 Monarch Casino & Resort, Inc.* 4,000 104,000 MTR Gaming Group, Inc.* 5,200 68,016 Multimedia Games, Inc.(a)* 5,200 61,880 Nevada Gold & Casinos, Inc.(a)* 2,000 4,020 Pinnacle Entertainment, Inc.* 8,200 238,374 PokerTek, Inc.(a) 1,700 16,864 Progressive Gaming International Corp.(a)* 6,900 31,050 Red Lion Hotels Corp.* 4,200 52,248 Shuffle Master, Inc.(a)* 6,262 114,282 Silverleaf Resorts, Inc. 7,000 32,480 Six Flags, Inc.(a)* 21,800 131,018 Speedway Motorsports, Inc.(a) 3,400 131,750 Sunterra Corp.* 4,650 73,005 The Marcus Corp. 4,500 104,670 Topps Co., Inc. 8,000 77,760 Trump Entertainment Resorts, Inc.(a)* 6,155 111,221 Vail Resorts, Inc.(a)* 8,200 445,506 VCG Holding Corp.(a) 1,200 11,352 WMS Industries, Inc.(a)* 6,700 262,908 4,354,125 Machinery — 2.0% Alamo Group, Inc. 2,000 46,420 Albany International Corp., Class A 5,300 190,482 Applied Industrial Technologies, Inc. 8,925 219,019 Astec Industries, Inc.* 4,000 161,000 Baldor Electric Co. 9,400 354,756 Baldwin Technology Co.* 2,900 14,500 CARBO Ceramics, Inc.(a) 5,350 249,042 Cascade Corp. 2,800 167,664 Cherokee International Corp.(a)* 3,500 19,740 Columbus McKinnon Corp.* 3,900 87,321 Dril-Quip, Inc.* 8,200 354,896 Flotek Industries, Inc.(a)* 1,600 45,600 Flow International Corp.(a)* 8,000 85,920 FSI International, Inc.* 6,300 28,161

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Gardner Denver, Inc.* 4,000 139,400 Gehl Co.(a)* 2,400 60,912 Gerber Scientific, Inc.* 5,000 53,050 Global Power Equipment Group, Inc.(a)* 11,450 19,351 Gulf Islands Fabrication, Inc.(a) 2,600 69,524 Hardinge, Inc. 1,100 28,776 Intevac, Inc.(a)* 6,783 178,868 Kadant, Inc.* 1,800 45,648 Kennametal, Inc. 300 20,283 Key Technology, Inc. 1,200 18,960 Kulicke and Soffa Industries, Inc.* 12,000 111,000 Lindsay Manufacturing Co.(a) 2,500 79,475 Lone Star Technologies, Inc.* 6,200 409,386 Lufkin Industries, Inc. 3,100 174,158 Milacron, Inc.(a)* 7,986 5,271 Powell Industries, Inc.* 2,300 73,600

SHARES VALUE COMMON STOCKS (Continued) Machinery (Continued) Presstek, Inc.(a)* 7,800 47,190 Regal-Beloit Corp.(a) 6,100 282,918 Robbins & Myers, Inc. 8,300 309,507 Rofin-Sinar Technologies, Inc.* 2,600 153,868 SatCon Technology Corp.(a)* 6,900 8,970 Sauer-Danfoss, Inc. 10,000 301,000 Semitool, Inc.(a)* 6,400 83,200 Tecumseh Products Co., Class A(a)* 2,100 21,147 Tennant Co. 3,500 110,215 The Middleby Corp.(a)* 1,500 197,760 TurboChef Technologies, Inc.(a)* 5,800 88,276 Twin Disc, Inc. 1,100 46,970 Universal Compression Holdings, Inc.* 5,700 385,776 Woodward Governor Co. 7,500 308,775 5,857,755 Manufacturing — 1.4% Amtech Systems, Inc.* 1,200 8,736 AptarGroup, Inc. 1,800 120,474 Ballantyne of Omaha, Inc.* 2,500 12,750 Blount International, Inc.(a)* 10,400 129,480 Bolt Technology Corp.(a)* 1,000 34,290 Briggs & Stratton Corp.(a) 10,900 336,265 Charles & Colvard Ltd.(a) 4,337 27,236 CLARCOR, Inc. 11,300 359,340 Cognex Corp.(a) 10,000 216,700 Core Molding Technologies, Inc.* 2,200 17,160 Cycle Country Accessories Corp.(a)* 1,000 2,200 EFJ, Inc.(a)* 8,900 47,526 Encore Wire Corp.(a) 4,400 111,408

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Fedders Corp.(a)* 6,600 5,940 Friedman Industries 700 6,468 Hawk Corp., Class A* 900 8,910 iRobot Corp.(a) 5,000 65,350 JAKKS Pacific, Inc.(a)* 5,500 131,450 Lakeland Industries, Inc.(a)* 440 6,160 Lennox International, Inc. 11,100 396,270 MFRI, Inc.(a)* 1,000 18,540 Nanophase Technologies Corp.(a)* 4,200 24,654 Nordson Corp. 6,900 320,574 Portec Rail Products, Inc. 900 9,144 Quanex Corp. 8,125 344,094 Quixote Corp. 1,900 38,000 Smith & Wesson Holding Corp.(a)* 7,400 96,866 SonoSite, Inc.(a)* 3,400 96,084 Steinway Musical Instruments, Inc. 900 29,043 Sun Hydraulics Corp.(a) 2,800 74,844 Superior Essex, Inc.* 4,284 148,526 The Gorman-Rupp Co.(a) 2,500 80,075 TTM Technologies, Inc.(a)* 21,600 206,064 Varian, Inc.* 6,300 367,038 Wabtec Corp. 9,800 338,002 4,235,661 Metals & Mining — 1.7% A.M. Castle & Co. 3,700 108,632 Alpha Natural Resources, Inc.(a)* 6,300 98,469 AMCOL International Corp.(a) 5,900 174,935 Brush Engineered Materials, Inc.* 5,600 271,432 Century Aluminum Co.* 6,500 304,720 CIRCOR International, Inc. 3,400 121,380 Cleveland-Cliffs, Inc.(a) 7,200 460,872 Coeur d’Alene Mines Corp.(a)* 61,200 251,532 Compass Minerals International, Inc.(a) 6,300 210,420 Empire Resources, Inc.(a) 1,300 14,534 Gibraltar Industries, Inc. 6,000 135,720 Hecla Mining Co.(a)* 26,300 238,278 Kaiser Aluminum Corp.(a) 4,533 353,574 Kaydon Corp.(a) 6,200 263,872 Liquidmetal Technologies, Inc.(a)* 500 485 Metal Management, Inc. 10,100 466,620 Mines Management, Inc.(a)* 2,000 9,800 Mueller Industries, Inc. 7,800 234,780 NN, Inc. 3,000 37,470 North American Galvanizing & Coatings, Inc.* 1,600 8,192 Royal Gold, Inc.(a) 4,400 132,440 RTI International Metals, Inc.* 4,200 382,242 Stillwater Mining Co.(a)* 19,200 243,648 USEC, Inc.(a)* 18,300 297,375 Westmoreland Coal Co.(a)* 2,000 40,300 Wolverine Tube, Inc.(a)* 2,500 5,800 4,867,522

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Multimedia — 0.5% Emmis Communications Corp., Class A(a) 9,900 83,556 Gemstar-TV Guide International, Inc.* 107,364 449,855 Image Entertainment, Inc.(a)* 3,800 15,922 LodgeNet Entertainment Corp.* 6,600 202,752 Macrovision Corp.(a)* 10,900 273,045 Martha Stewart Living Omnimedia, Inc., Class A(a) 5,600 95,256 Media General, Inc., Class A 4,600 175,536 PlanetOut, Inc.(a)* 5,000 17,000 Schawk, Inc.(a) 5,600 101,416 Triple Crown Media, Inc.* 730 6,125 Young Broadcasting, Inc., Class A* 3,800 15,352 1,435,815 Office Equipment — 0.2% Global Imaging Systems, Inc.* 10,900 212,550 IKON Office Solutions, Inc. 28,000 402,360 Marlin Business Services, Inc.(a)* 2,600 56,888 TRM Corp.(a)* 3,750 10,463 682,261 Office Furnishings & Supplies — 0.4% Aaron Rents, Inc. 9,600 253,824 Acco Brands Corp.* 11,200 269,808 Ennis Business Forms, Inc. 5,200 139,152 Interface, Inc. 11,877 189,913 Knoll, Inc. 8,400 200,172 Standard Register Co.(a) 4,600 58,190 1,111,059 Oil & Gas — 4.5% Abraxas Petroleum Corp.(a)* 8,400 27,300 Allis-Chalmers Energy, Inc.(a)* 7,500 118,125 American Oil & Gas, Inc.(a)* 8,100 43,983 Aquila, Inc.* 74,100 309,738 Arena Resources, Inc.(a)* 3,100 155,372 Atlas America, Inc.* 4,893 276,406 ATP Oil & Gas Corp.(a)* 5,900 221,840 Atwood Oceanics, Inc.(a)* 6,200 363,878 Berry Petroleum Co., Class A 8,900 272,874 Bois d’Arc Energy, Inc. 2,200 29,106 Boots & Coots International Well Control, Inc.(a)* 12,900 35,733 Brigham Exploration Co.* 11,000 68,420 Callon Petroleum Co.* 3,700 50,209 Carrizo Oil & Gas, Inc.(a)* 5,700 199,272 Cheniere Energy, Inc.(a)* 6,400 199,360 Clayton Williams Energy, Inc.* 2,100 59,577

SHARES VALUE COMMON STOCKS (Continued) Oil & Gas (Continued)

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Complete Production Services, Inc. 15,500 308,605 Comstock Resources, Inc.* 9,500 260,110 Contango Oil & Gas Co.(a)* 3,500 76,825 Dawson Geophysical Co.* 1,100 54,483 Delta Natural Gas, Inc.(a) 200 5,000 Delta Petroleum Corp.(a)* 18,480 424,301 Dune Energy, Inc.(a)* 11,800 22,892 Edge Petroleum Corp.(a)* 3,100 38,812 Encore Aquisition Co.* 11,050 267,299 Endeavor International Corp.* 31,350 64,267 Energy Partners Ltd.(a)* 6,800 123,420 Energy West, Inc. 200 2,850 EnergySouth, Inc.(a) 900 37,737 ENGlobal Corp.(a)* 10,800 59,940 EXCO Resources, Inc. 9,700 160,826 FX Energy, Inc.(a)* 8,650 65,567 Gasco Energy, Inc.(a)* 16,000 39,040 Giant Industries, Inc.* 2,600 196,690 Goodrich Petroleum Corp.(a)* 5,500 184,965 Grey Wolf, Inc.(a)* 42,400 284,080 Gulfport Energy Corp.(a)* 6,800 90,848 Hanover Compressor Co.(a)* 7,000 155,750 Harvest Natural Resources, Inc.(a)* 7,500 73,050 Hornbeck Offshore Services, Inc.(a)* 5,800 166,170 Houston Amern Energy Corp.(a) 8,700 50,199 Houston Exploration Co.* 4,900 264,355 Hydril Co.* 3,100 298,344 Infinity, Inc.(a)* 2,300 7,797 Key Energy Services, Inc.* 14,400 235,440 Mariner Energy, Inc. 19,000 363,470 Markwest Hydrocarbon, Inc.(a) 2,410 149,420 Matrix Service Co.* 7,400 149,702 McMoRan Exploration Co.(a)* 5,700 78,147 Metretek Technologies, Inc.(a)* 2,400 32,016 Mitcham Industries, Inc.(a)* 1,800 26,370 NATCO Group, Inc., Class A* 3,200 109,184 Natural Gas Services Group(a)* 2,500 35,425 New Jersey Resources Corp. 5,250 262,762 Newpark Resources, Inc.* 18,800 132,540 Oceaneering International, Inc.* 10,600 446,472 Oil States International, Inc.* 8,900 285,601 OMNI Energy Services Corp.(a)* 2,800 28,504 Parallel Petroleum Corp.(a)* 6,800 156,060 Parker Drilling Co.* 24,000 225,360 Penn Virginia Corp. 4,100 300,940 Petrohawk Energy Corp.(a)* 27,556 362,913 Petroleum Development Corp.* 2,800 149,996 PetroQuest Energy, Inc.(a)* 10,000 116,900 Piedmont Natural Gas Co., Inc.(a) 2,600 68,588 Pioneer Drilling Co.* 10,400 131,976 Quest Resource Corp.* 3,800 34,846

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document RGC Resources, Inc. 200 5,670 RPC, Inc.(a) 47,850 797,181 SEACOR Holdings, Inc.* 3,273 322,063 SEMCO Energy, Inc.* 7,800 59,436 South Jersey Industries, Inc.(a) 6,400 243,520 St. Mary Land & Exploration Co. 2,500 91,700 Stone Energy Corp.* 4,537 134,704 SulphCo, Inc.(a)* 13,800 47,196 Superior Energy Services, Inc. 858 29,575 Superior Well Services, Inc. 1,300 29,705 Swift Energy Co.* 5,800 242,266 The Exploration Co. of Delaware(a) 7,300 79,205 The Meridian Resource Corp.* 18,700 45,067 Toreador Resources Corp.(a) 3,300 59,895 Transmeridian Exploration, Inc.(a)* 42,400 121,264 Tri-Valley Corp.(a)* 4,600 34,086 Trico Marine Services, Inc.(a)* 2,600 96,876 VAALCO Energy, Inc.(a)* 22,100 114,478 W-H Energy Services, Inc.* 5,700 266,418 Warren Resources, Inc.(a)* 6,500 84,695 Westside Energy Corp. 4,700 11,985 Whiting Petroleum Corp.* 8,100 319,221 13,334,253 Paper & Related Products — 0.1% Bowater, Inc.(a) 9,200 219,144 Potlatch Corp.(a)* 435 19,914 Xerium Technologies, Inc. 7,200 57,744 296,802 Personal Care — 0.3% Chattem, Inc.(a)* 3,400 200,396 Elizabeth Arden, Inc.* 10,900 237,838 Nature’s Sunshine Products, Inc. 2,700 31,752 Nu Skin Enterprises, Inc., Class A 14,700 242,844 Revlon, Inc., Class A(a)* 93,549 100,097 812,927 Photo Equipment & Supplies — 0.0% American Science & Engineering, Inc.(a)* 2,000 105,340 Concord Camera Corp. 540 2,522 107,862 Printing — 0.3% Cenveo, Inc.(a)* 18,900 459,270 Champion Industries Inc/WV 2,100 17,346 Consolidated Graphics, Inc.* 2,200 162,910 Valassis Communications, Inc.* 10,500 180,495 820,021 Publishing — 0.5% Document Security Systems, Inc.(a)* 2,400 25,992 Journal Register Co.(a) 16,900 100,724 Lee Enterprises, Inc. 8,300 249,415 Marvel Entertainment, Inc.(a)* 16,500 457,875

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Playboy Enterprises, Inc., Class B(a)* 5,900 60,711 PRIMEDIA, Inc.* 58,100 154,546 ProQuest Co.(a)* 6,300 56,700 Scholastic Corp.* 9,500 295,450 Sun-Times Media Group, Inc., Class A(a) 25,000 124,000 1,525,413 Real Estate — 0.2% Avatar Holdings, Inc.(a)* 1,100 78,584 California Coastal Communities, Inc.(a)* 1,800 36,522 Consolidated-Tomoka Land Co.(a) 1,100 82,995 Emeritus Corp.(a)* 3,500 118,125 Grubb & Ellis Co.* 5,200 61,100 Lodgian, Inc.* 7,500 100,200 Tejon Ranch Co.(a)* 3,300 156,090 United Capital Corp.* 1,250 42,638 ZipRealty, Inc.(a)* 700 4,956 681,210 Restaurants — 1.9% AFC Enterprises, Inc.(a)* 5,600 112,280 Applebee’s International, Inc. 13,375 331,432 Benihana, Inc., Class A* 2,300 65,182 BJ’s Restaurants, Inc.(a)* 4,800 101,424 Bob Evans Farms, Inc. 7,400 273,430 Buca, Inc.(a)* 4,300 23,650 California Pizza Kitchen, Inc.(a)* 3,900 128,271 CBRL Group, Inc.(a) 6,200 287,060

SHARES VALUE COMMON STOCKS (Continued) Restaurants (Continued) CEC Entertainment, Inc.* 6,650 276,241 Champps Entertainment, Inc.* 2,200 12,452 CKE Restaurants, Inc. 15,300 288,558 Domino’s Pizza, Inc. 12,400 402,628 Famous Dave’s of America, Inc.* 2,145 38,760 IHOP Corp.(a) 3,200 187,680 J. Alexander’s Corp. 800 8,840 Jack in the Box, Inc.* 6,800 470,084 Krispy Kreme Doughnuts, Inc.* 13,000 132,470 Landry’s Seafood Restaurants, Inc.(a) 4,400 130,240 Luby’s, Inc.* 5,200 50,804 McCormick & Schmick’s Seafood Restaurants, Inc.* 2,800 75,068 O’ Charley’s, Inc.* 4,200 81,018 P.F. Chang’s China Bistro, Inc.(a)* 9,600 402,048 Papa John’s International, Inc.(a)* 13,400 393,960 RARE Hospitality International, Inc.* 7,109 213,910 Red Robin Gourmet Burgers, Inc.* 3,300 128,106 Rubio’s Restaurants, Inc.(a)* 1,700 19,414 Ruby Tuesday, Inc.(a) 12,900 368,940

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Sonic Corp.* 14,575 324,731 Texas Roadhouse, Inc., Class A(a)* 3,300 47,025 The Steak n Shake Co.* 5,600 93,912 5,469,618 Retail - Food — 0.5% Calavo Growers, Inc. 1,000 11,620 Ingles Markets, Inc. 2,600 106,184 Pathmark Stores, Inc.* 10,900 139,520 Ruddick Corp. 9,500 285,760 Smart & Final, Inc.* 9,400 204,638 The Great Atlantic & Pacific Tea Co., Inc.(a)* 9,100 301,938 Weis Markets, Inc. 5,400 241,380 Wild Oats Markets, Inc.(a)* 5,400 98,280 1,389,320 Retail - General — 0.5% 99 Cents Only Stores(a)* 15,300 225,369 Casey’s General Stores, Inc. 11,074 276,961 dELiA*s, Inc.(a)* 5,186 47,607 Duckwall-ALCO Stores, Inc.(a)* 200 8,210 Fred’s, Inc.(a) 8,787 129,169 Kirklands, Inc.(a)* 3,500 17,395 Longs Drug Stores Corp. 7,100 366,644 PriceSmart, Inc.(a)* 6,250 96,000 RedEnvelope, Inc.(a)* 1,100 8,866 Retail Ventures, Inc.(a)* 10,400 218,920 The Pantry, Inc.* 4,100 185,402 1,580,543 Retail - Specialty — 4.5% A.C. Moore Arts & Crafts, Inc.(a)* 4,000 85,360 Aeropostale, Inc.* 10,850 436,496 America’s Car-Mart, Inc.(a)* 2,350 31,396 American Greetings Corp., Class A(a) 15,500 359,755 Bakers Footwear Group, Inc.* 400 3,632 bebe stores, inc.(a) 18,300 318,054 Big 5 Sporting Goods Corp. 4,800 124,416 Blair Corp.(a) 752 31,576 Blockbuster, Inc., Class A(a)* 33,800 217,672 Blockbuster, Inc., Class B* 20,900 125,400 Books-A-Million, Inc. 3,300 46,992 Borders Group, Inc.(a) 12,900 263,418 Brown Shoe Co., Inc.* 6,300 264,600 Cabela’s, Inc., Class A* 13,000 322,530 Cache, Inc.* 2,800 49,700 Callaway Golf Co.(a) 15,200 239,552 Casual Male Retail Group, Inc.(a)* 8,600 101,738 Charlotte Russe Holding, Inc.* 5,500 158,785 Children’s Place Retail Stores, Inc.* 6,000 334,560 Christopher & Banks Corp.(a) 7,637 148,692 Citi Trends, Inc.(a) 3,000 128,220 Collegiate Pacific, Inc. 4,400 34,320 Conn’s, Inc.(a)* 4,400 108,900

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Cost Plus, Inc.(a)* 3,697 36,970 Deb Shops, Inc.(a) 2,836 76,799 Design Within Reach, Inc.(a)* 2,300 13,202 DSW, Inc., Class A(a)* 3,200 135,072 Finlay Enterprises, Inc.* 1,200 6,972 First Cash Financial Services, Inc.* 6,200 138,136 Footstar, Inc.* 1,400 11,956 Friedman’s, Inc., Class A(b) 1,600 — Gander Mountain Co.(a)* 3,800 42,408 Genesco, Inc.(a)* 4,900 203,497 Gottschalks, Inc.* 2,200 31,394 Group 1 Automotive, Inc. 4,900 194,873 GTSI Corp.(a)* 2,500 27,500 Guitar Center, Inc.(a)* 6,500 293,280 Hancock Fabrics, Inc.(a)* 3,000 5,100 Haverty Furniture Cos., Inc. 4,200 58,800 Hibbett Sports, Inc.* 7,150 204,419 Hot Topic, Inc.* 9,675 107,393 Jo-Ann Stores, Inc.(a)* 5,100 138,975 Jos. A. Bank Clothiers, Inc.(a)* 3,475 122,841 K-Swiss, Inc., Class A(a) 5,700 154,014 Kenneth Cole Productions, Inc., Class A 2,300 59,041 La-Z-Boy, Inc.(a) 9,900 122,562 Lenox Group, Inc.(a)* 3,700 24,346 MarineMax, Inc.(a)* 3,300 76,494 Mothers Work, Inc.(a)* 400 13,256 Movado Group, Inc. 9,800 288,610 Movie Gallery, Inc.(a)* 10,146 45,606 Movie Star, Inc.* 3,600 8,496 Pacific Sunwear of California, Inc.* 15,275 318,178 Payless ShoeSource, Inc.* 13,300 441,560 PC Connection, Inc.(a)* 5,000 71,500 PC Mall, Inc.(a)* 2,200 21,934 Pep Boys - Manny, Moe & Jack(a) 10,900 208,081 Pier 1 Imports, Inc.(a) 16,400 113,324 R.G. Barry Corp.* 1,900 19,798 RC2 Corp.* 4,400 177,716 Regis Corp. 3,900 157,443 Rex Stores Corp.* 1,575 25,767 Rocky Brands, Inc.(a)* 1,000 11,400 School Specialty, Inc.* 4,400 158,884 Select Comfort Corp.(a)* 10,750 191,350 Sharper Image Corp.(a)* 2,400 26,520 Shoe Carnival, Inc.* 3,000 99,900 Sonic Automotive, Inc., Class A 6,700 190,950 Sotheby’s Holdings, Inc., Class A 21,400 951,872 Stage Stores, Inc. 9,300 216,783 Stein Mart, Inc. 9,630 157,162 Systemax, Inc.(a)* 6,600 123,618 Tandy Leather Factory, Inc.(a)* 2,200 15,840 The Bombay Co., Inc.(a)* 6,300 7,686

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document The Bon-Ton Stores, Inc.(a) 2,600 146,224 The Boyds Collection Ltd.(b)(c)* 10,600 5,300 The Buckle, Inc.(a) 5,850 208,845 The Cato Corp., Class A 6,100 142,679 The Dress Barn, Inc.* 13,600 283,016

SHARES VALUE COMMON STOCKS (Continued) Retail - Specialty (Continued) The Gymboree Corp.* 6,600 264,462 The Men’s Wearhouse, Inc. 7,500 352,875 The Nautilus Group, Inc.(a) 16,200 249,966 The Talbots, Inc.(a) 11,300 266,906 Transport World Entertainment Corp.* 5,400 30,672 Tuesday Morning Corp.(a) 8,700 129,108 Tween Brands, Inc.* 6,200 221,464 Tweeter Home Entertainment Group, Inc.(a)* 4,200 6,804 United Retail Group, Inc.* 2,200 26,444 West Marine, Inc.(a)* 4,300 78,303 Wet Seal, Inc.(a)* 36,675 240,221 Wilsons The Leather Experts, Inc.(a)* 9,950 14,925 Zale Corp.* 9,200 242,696 Zumiez, Inc.(a)* 2,200 88,264 13,284,216 Steel — 0.8% AK Steel Holding Corp.* 22,000 514,580 Chaparral Steel Co. 8,000 465,360 Material Sciences Corp.* 2,900 28,942 Northwest Pipe Co. 1,100 43,813 Olympic Steel, Inc.(a) 1,200 37,188 Omega Flex, Inc.(a) 1,500 33,855 Ryerson Tull, Inc.(a) 9,299 368,426 Schnitzer Steel Industries, Inc., Class A(a) 4,750 190,808 Shiloh Industries, Inc.(a) 3,600 40,608 Steel Technologies, Inc. 1,900 56,202 Universal Stainless & Alloy Products, Inc.(a) 1,400 66,458 Valmont Industries, Inc.(a) 5,000 289,150 Worthington Industries, Inc.(a) 17,800 366,324 2,501,714 Telecommunications — 2.6% ADTRAN, Inc. 15,600 379,860 Alaska Communications Systems Group, Inc.(a) 8,600 126,850 Anaren Microwave, Inc.* 3,900 68,679 APAC Telecommunications Corp.(a)* 11,000 51,590 Aware, Inc.(a)* 4,900 30,380 Axesstel, Inc.(a)* 4,200 7,686 Boston Communications Group, Inc.(a)* 3,200 5,760 C-Cor.net Corp.* 14,300 198,198 CallWave, Inc.(a)* 4,600 13,156

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Carrier Access Corp.* 7,100 36,281 Cbeyond, Inc. 500 14,665 CellStar Corp.(a)* 2,300 5,865 Centennial Communications Corp., Class A(a) 24,548 202,030 Ciena Corp.(a)* 6,414 179,271 Cincinnati Bell, Inc.* 54,400 255,680 Citizens Communications Co. 2,918 43,624 CommScope, Inc.* 10,400 446,160 Comtech Telecommunications Corp.* 4,325 167,507 Consolidated Communications Holdings, Inc.(a) 5,100 101,439 CPI International, Inc. 3,600 69,192 CT Communications, Inc.(a) 4,126 99,437 D&E Communications, Inc. 2,900 38,628 Ditech Networks, Inc.* 6,000 48,720 Dobson Communications Corp., Class A* 40,500 347,895 EMS Technologies, Inc.* 2,600 50,102 Eschelon Telecom, Inc.* 1,300 37,570 FairPoint Communications, Inc.(a) 300 5,763 FiberTower Corp.(a)* 29,600 153,624 General Communication, Inc., Class A* 10,800 151,200 Glenayre Technologies, Inc.* 17,850 38,735 GlobeTel Communications Corp.* 15,500 4,030 GulfMark Offshore, Inc.* 4,800 209,520 Harmonic, Inc.* 15,700 154,174 Harris Stratex Networks, Inc.(a)* 9,725 186,623 Hickory Tech Corp.(a) 2,300 15,939 iBasis, Inc.* 7,000 76,930 IDT Corp. 1,900 21,432 IDT Corp., Class B(a) 17,900 203,165 InfoSpace, Inc.* 6,000 154,020 InterDigital Communication Corp.(a)* 4,000 126,680 Knology, Inc.(a)* 15,100 239,033 LCC International, Inc., Class A(a)* 5,900 24,839 Level 3 Communications, Inc.(a)* 23,334 142,337 Lightbridge, Inc.* 5,400 94,878 Loral Space & Communications, Inc. 4,400 223,872 Metro One Telecommunications, Inc.(a)* 1,025 2,204 MRV Communications, Inc.(a)* 37,600 133,480 NEON Communications, Inc.(a) 17,500 82,075 NMS Communications Corp.(a)* 9,600 17,280 Novatel Wireless, Inc.* 6,200 99,448 Outdoor Channel Holdings, Inc.(a)* 5,300 54,166 PAETEC Holding Corp.(a) 7,100 74,408 ParkerVision, Inc.(a)* 4,400 58,124 Path 1 Network Technologies, Inc.* 600 48 Plantronics, Inc.(a) 10,000 236,200 Powerwave Technologies, Inc.(a)* 20,515 116,730 Preformed Line Products Co.(a) 850 31,442 Premiere Global Services, Inc.* 14,800 166,056 Price Communications Corp. 11,225 224,500 Primus Telecommunications Group, Inc.(a)* 13,500 7,155

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Radyne Corp.(a)* 4,200 38,304 RCN Corp.* 7,700 196,735 RELM Wireless Corp.(a)* 2,400 9,600 RF Micro Devices, Inc.(a)* 42,400 264,152 Rural Cellular Corp., Class A(a)* 5,700 68,172 Spherix, Inc.(a)* 3,000 7,260 SunCom Wireless Holdings, Inc., Class A(a)* 23,200 38,976 SureWest Communications(a) 3,708 92,218 Sycamore Networks, Inc.* 61,300 229,262 SymmetriCom, Inc.(a)* 9,284 77,057 Telular Corp.(a)* 3,600 12,816 Tollgrade Communications, Inc.* 2,200 27,632 USA Mobility, Inc.(a) 3,000 59,790 Westell Technologies, Inc., Class A* 11,100 24,087 Wireless Facilities, Inc.(a)* 15,500 20,150 Wireless Telecom Group, Inc. 5,200 12,688 XETA Technologies, Inc.* 1,300 4,004 7,739,238 Textile & Apparel — 1.5% Ashworth, Inc.* 2,900 21,953 Carter’s, Inc.(a)* 13,000 329,420 Charming Shoppes, Inc.* 27,100 350,945 Cherokee, Inc.(a) 700 30,142 Columbia Sportswear Co.(a) 750 46,733 Culp, Inc.* 1,500 10,620 Cutter & Buck, Inc. 2,291 27,148 Deckers Outdoor Corp.* 2,600 184,652 Delta Apparel, Inc. 1,100 19,140 DHB Industries, Inc.* 12,100 41,745 G & K Services, Inc., Class A 4,200 152,376 G-III Apparel Group Ltd.* 2,300 43,815

SHARES VALUE COMMON STOCKS (Continued) Textile & Apparel (Continued) Hartmarx Corp.* 6,900 51,060 Iconix Brand Group, Inc.(a)* 11,500 234,600 Kellwood Co. 5,600 164,248 Maidenform Brands, Inc.* 5,600 129,192 Nexcen Brands, Inc.(a) 10,150 100,688 Oakley, Inc.(a) 15,100 304,114 Oxford Industries, Inc. 3,900 192,816 Perry Ellis International, Inc.* 3,000 95,970 Phoenix Footwear Group, Inc.(a)* 800 3,640 Quiksilver, Inc.* 36,900 428,040 Skechers U.S.A., Inc., Class A* 5,800 194,706 Steven Madden Ltd. 3,900 113,880 Stride Rite Corp.(a) 6,500 100,035 Superior Uniform Group, Inc. 1,100 14,102

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Tag-It Pacific, Inc.* 2,600 3,510 Tandy Brands Accessories, Inc.(a) 1,300 17,069 Tarrant Apparel Group(a)* 5,200 9,672 The Dixie Group, Inc.* 2,300 27,669 The Finish Line, Inc., Class A 9,100 114,660 The Warnaco Group, Inc.* 10,100 286,840 True Religion Apparel, Inc.(a)* 4,000 64,960 Unifi, Inc.(a)* 9,400 27,072 Wolverine World Wide, Inc. 12,200 348,554 4,285,786 Tires & Rubber — 0.1% Cooper Tire & Rubber Co. 13,500 246,915

Tobacco — 0.1% Alliance One International, Inc.* 21,200 195,676

Tools-Hand Held — 0.1% Toro Co. 6,400 327,936

Transportation — 1.9% ABX Air, Inc.* 12,800 87,680 AirNet Systems, Inc.(a)* 700 2,247 Alexander & Baldwin, Inc. 2,500 126,100 Arkansas Best Corp.(a) 5,300 188,415 Atlas Air Worldwide Holdings, Inc.(a) 4,200 221,466 Bristow Group, Inc.(a)* 5,200 189,540 Celadon Group, Inc.(a)* 4,500 75,150 Covenant Transport, Inc., Class A* 1,500 16,530 Dynamex, Inc.* 2,300 58,512 Eagle Bulk Shipping, Inc.(a) 15,000 290,850 EGL, Inc.* 9,900 392,337 Forward Air Corp. 6,850 225,228 Frozen Food Express Industries, Inc. 5,100 42,432 GATX Corp. 6,000 286,800 Genesee & Wyoming, Inc., Class A* 7,525 200,240 Greenbrier Companies, Inc.(a) 2,900 77,430 Heartland Express, Inc. 21,624 343,389 Hub Group, Inc., Class A* 14,400 417,456 Interpool, Inc.(a) 7,700 188,034 Kansas City Southern Industries, Inc.(a)* 11,315 402,588 Kirby Corp.* 10,000 349,800 Knight Transportation, Inc.(a) 18,000 320,760 Marten Transport Ltd.* 4,300 68,284 Old Dominion Freight Line, Inc.* 7,852 226,216 P.A.M. Transportation Services, Inc.* 1,400 28,868 PHI, Inc.(a)* 2,300 62,238 Quality Distribution, Inc.(a)* 3,600 31,140 Saia, Inc.* 2,100 49,875 Stonepath Group, Inc.* 3,500 665 Swift Transportation Co., Inc.* 680 21,189 TAL International Group, Inc. 5,400 129,600

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Target Logistics, Inc.(a) 3,500 8,715 Universal Truckload Services, Inc.(a)* 3,300 79,893 USA Truck, Inc.(a)* 1,900 29,526 Werner Enterprises, Inc.(a) 16,275 295,717 5,534,910 Utilities — 1.6% Artesian Resources Corp., Class A 300 6,180 Avista Corp. 12,400 300,452 BIW Ltd. 200 3,530 Black Hills Corp.(a) 7,300 268,421 California Water Service Group(a) 4,300 164,776 Cascade Natural Gas Corp. 2,500 65,875 Central Vermont Public Service Corp. 2,500 72,050 CH Energy Group, Inc.(a) 2,700 131,463 Chesapeake Utilities Corp. 600 18,564 Cleco Corp. 12,400 320,292 Connecticut Water Service, Inc. 1,900 45,695 El Paso Electric Co.* 10,200 268,770 Empire District Electric Co. 6,300 156,240 FuelCell Energy, Inc.(a)* 11,200 88,032 Green Mountain Power Corp. 800 27,896 IDACORP, Inc. 9,000 304,560 MGE Energy, Inc.(a) 4,500 159,570 Middlesex Water Co. 2,299 42,279 Northwest Natural Gas Co. 6,800 310,556 NorthWestern Corp. 6,400 226,752 Otter Tail Power Co.(a) 7,214 247,008 PNM Resources, Inc. 6,150 198,645 SJW Corp.(a) 3,300 133,584 Southwest Gas Corp. 7,800 303,186 Southwest Water Co.(a) 4,608 66,447 The Laclede Group, Inc. 4,500 139,860 UIL Holdings Corp. 5,166 179,260 Unisource Energy Corp. 7,400 277,870 Unitil Corp.(a) 500 13,585 WGL Holdings, Inc.(a) 10,200 326,196 4,867,594 Waste Management — 0.3% American Ecology Corp.(a) 3,766 72,345 Casella Waste Systems, Inc., Class A* 4,800 46,848 Clean Harbors, Inc.(a)* 4,100 185,402 Darling International, Inc.* 17,800 115,700 Rentech, Inc.(a)* 43,300 135,962 Synagro Technologies, Inc.(a) 16,400 93,480 Waste Connections, Inc.* 6,975 208,831 Waste Industries USA, Inc. 2,800 76,916 935,484 TOTAL COMMON STOCKS (Identified Cost $234,660,401) 295,099,346

WARRANTS — 0.0%

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Health Care - Products — 0.0% Caliper Life Sciences, Inc.* 404 788

TOTAL WARRANTS (Identified Cost $433) 788

SHORT-TERM INVESTMENTS — 1.0% Other — 1.0% SSgA Government Money Market Fund 1 1

SHARES VALUE SHORT-TERM INVESTMENTS (Continued) Other (Continued) SSgA Money Market Fund 2,981,898 2,981,898 2,981,899 TOTAL SHORT-TERM INVESTMENTS (Identified Cost $2,981,899) 2,981,899 Total Investments — 100.9% (Identified Cost $237,642,733)# 298,082,033

Liabilities, Less Cash and Other Assets — (0.9%) (2,616,833) Net Assets — 100.0% $ 295,465,200

(a) All or a portion of security out on loan. (b) Bankrupt security/delisted. (c) Securities were fair valued by management. Total market value for such investments amounted to $5,381, which represents less than .002% of net assets. * Non-income producing security. # At March 31, 2007 the aggregate cost of investment securities for income tax purposes was 237, 642, 733. Net unrealized appreciation aggregated 60,439,300 of which 81,778,418 related to appreciated investment securities and 21,339,118 related to depreciated investment securities.

Portfolio Sectors (% of portfolio market value)

Non-Cyclical 23.1 % 68,871,932 Industrials 17.1 % 50,999,826 Cyclical 14.0 % 41,604,074 Financials 13.7 % 40,927,275 Communications 9.8 % 29,177,034 Technology 8.4 % 25,116,861 Basic Materials 5.0 % 14,938,200 Energy 4.8 % 14,199,831 Diversified 2.1 % 6,146,921 Utilities 2.0 % 6,100,079

Total 100.0 % 298,082,033

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SA International HBtM Fund PORTFOLIO OF INVESTMENTS — AS OF MARCH 31, 2007 (UNAUDITED)

SHARES VALUE COMMON STOCKS — 99.4% Australia — 4.3% Amcor Ltd. 166,033 $ 1,015,876 APN News & Media Ltd.(a) 48,103 229,218 Australia & New Zealand Banking Group Ltd. 127,360 3,065,411 AWB Ltd.(a) 46,796 134,628 AXA Asia Pacific Holdings Ltd. 149,930 877,253 BHP Steel Ltd.(a) 137,580 1,170,695 Boral Ltd. 121,871 813,817 Brickworks Ltd.(a) 12,302 130,601 Challenger Financial Services Group Ltd.(a) 33,100 127,952 Commonwealth Bank of Australia 140,243 5,712,194 CSR Ltd.(a) 104,850 289,749 Downer EDI Ltd.(a) 58,459 323,099 Foster’s Group Ltd. 236,113 1,310,719 Futuris Corp., Ltd.(a) 52,639 92,143 Iluka Resources Ltd.(a) 35,028 167,198 Insurance Australia Group Ltd.(a) 109,355 519,321 John Fairfax Holdings Ltd.(a) 63,105 254,679 Mayne Nickless Ltd.(a) 94,973 279,387 National Australia Bank Ltd. 280,197 9,173,691 OneSteel Ltd.(a) 111,620 466,757 Origin Energy Ltd. 106,150 775,076 Pacific Brands Ltd. 30,073 74,819 PaperlinX Ltd. 21,463 72,531 Publishing & Broadcasting Ltd. 10,737 172,720 Qantas Airways Ltd. 532,584 2,265,931 Santos Ltd. 79,294 652,237 St. George Bank Ltd.(a) 12,044 341,909 Suncorp-Metway Ltd. 24,877 419,334 TABCORP Holdings Ltd.(a) 70,551 942,808 Washington H Soul Pattinson & Co., Ltd. 11,161 81,585 31,953,338 Austria — 0.5% Boehler-Uddeholm AG 3,212 309,293 Flughafen Wien AG* 630 61,768 OMV AG 16,399 1,034,095 Voest-Alpine Stahl AG 22,412 1,627,579 Wienerberger AG* 17,203 1,075,592 4,108,327 Belgium — 1.4% Ackermans & van Haaren NV 937 82,144 Banque Nationale de Belgique (BNB) 30 149,173 Bekaert NV 3,700 503,597

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Cumerio 5,444 160,542 Cumerio-VVPR* 210 22 Delhaize Group 28,541 2,626,530 Dexia 175,514 5,243,926 Fortis 17,855 816,433 InBev NV 5,474 395,696 S.A. D’Ieteren NV 154 63,847 Solvay SA 1,349 207,550 Tessenderlo Chemie NV 2,800 136,008 Umicore* 210 20 10,385,488 Bermuda — 0.1% Great Eagle Holdings Ltd. 22,400 75,968 Kerry Properties Ltd.(a) 111,524 571,622 647,590 Canada — 4.2% AGF Management Ltd.(a) 6,100 181,746 Alcan, Inc. 80,679 4,211,347 Astral Media, Inc. 10,600 369,607 Atco Ltd., Class I 7,700 313,904 Barrick Gold Corp.(a) 75,200 2,148,571 BCE, Inc.(a) 72,230 2,045,546 Bombardier, Inc., Class B* 185,400 749,383 Canadian Pacific Railway Ltd.(a) 29,965 1,688,114 Canfor Corp.* 14,800 135,432 CanWest Global Communications Corp.* 11,800 113,200 Celestica, Inc.* 23,800 145,537 CGI Group, Inc.* 91,100 788,601 Corus Entertainment, Inc., Class B 4,500 171,936 Domtar Corp.*(a) 28,400 258,898 Emera, Inc.(a) 5,700 102,194 Empire Co., Ltd, Class A 7,800 271,298 EnCana Corp.(a) 44,286 2,243,302 Fairfax Financial Holdings Ltd.(a) 2,700 608,899 George Weston Ltd.(a) 10,500 645,993 Gerdau Ameristeel Corp. 14,600 173,240 Industrial Alliance Insurance and Financial Services, Inc.(a) 20,285 624,790 Magna International, Inc., Class A(a) 11,024 828,258 Manitoba Telecom Services, Inc. 2,300 92,966 Maple Leaf Foods, Inc. 5,800 71,739 MDS, Inc. 17,689 335,246 MI Developments, Inc., Class A(a) 2,400 89,847 National Bank of Canada 7,400 401,034 Nova Chemicals Corp.* 7,350 227,532 Onex Corp. 16,900 469,958 Petro-Canada 38,700 1,515,574 Power Corp. of Canada 5,600 180,595 Quebecor World, Inc. 11,600 146,295 Quebecor, Inc., Class B 4,900 164,268 Sherritt International Corp. 48,300 697,122 Sobeys, Inc. 6,900 218,449

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Sun Life Financial, Inc.(a) 137,520 6,264,681 Torstar Corp., Class B(a) 4,700 80,351 TransAlta Corp.(a) 69,400 1,504,901 Transcontinental, Inc., Class A 5,300 98,240 West Fraser Timber Co., Ltd. 4,900 179,781 31,558,375 Cayman Islands — 0.0% China State Construction International Holdings Ltd. 30,222 22,626

Denmark — 1.3% AP Moller - Maersk A/S* 247 2,580,098 Carlsberg A/S(a) 6,325 689,073 Codan A/S 5,320 503,197 Danisco A/S(a) 12,180 960,776 Danske Bank(a) 84,803 3,949,706 Jyske Bank A/S* 7,940 639,857 Sydbank(a) 7,400 398,446 Vestas Wind Systems* 5,600 314,090 10,035,243 Finland — 1.3% Fortum Corp.(a) 56,873 1,660,433 Huhtamaki Van Leer Oyj Series 1(a) 11,200 185,588 Kemira GrowHow Oyj 5,121 69,105 Kemira Oyj 24,100 552,446 Kesko Oyj(a) 19,100 1,019,986 Metsa-Serla Oyj Series B(a) 16,600 129,209 Oko Bank (OKO Osuuspankkien Keskuspankki Oyj)(a) 12,800 218,435 Outokumpu Oyj(a) 27,400 942,870 Rautaruukki Oyj(a) 22,100 1,031,228 Sampo Oyj, Class A(a) 15,100 458,825

SHARES VALUE COMMON STOCKS (Continued) Finland (Continued) Stora Enso Oyj(a) 64,400 1,119,672 UPM-Kymmene Oyj(a) 81,000 2,065,843 9,453,640 France — 10.4% Accor SA(a) 5,800 554,930 Air France(a) 27,345 1,248,907 Assurances Generales de France(a) 15,711 2,634,262 Axa(a) 259,150 11,000,685 BNP Paribas SA(a) 157,621 16,482,644 Bongrain SA 1,018 95,630 Business Objects SA*(a) 9,675 352,597 Cap Gemini SA(a) 17,720 1,350,591 Casino Guichard-Perrachon SA(a) 4,781 483,267 Ciments Francais 2,017 425,806

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document CNP Assurances(a) 5,341 622,732 Compagnie de Saint-Gobain(a) 46,018 4,503,212 Compagnie Generele des Etablissements Michelin, Class B(a) 11,183 1,236,425 Credit Agricole SA(a) 89,565 3,496,504 Credit Industriel et Commercial 500 198,069 Faurecia* 2,942 205,781 France Telecom SA 134,090 3,545,395 Imerys SA(a) 800 74,360 Lafarge SA(a) 25,572 4,025,000 Lagardere S.C.A.(a) 3,574 275,512 Pinault-Printemps-Redoute SA(a) 14,410 2,307,045 PSA Peugoet Citroen 30,890 2,179,638 Remy Cointreau SA(a) 3,982 269,046 Renault SA(a) 33,276 3,896,268 Schneider Electric SA(a) 12,148 1,543,928 SCOR(a) 14,662 396,493 Societe BIC SA 1,858 130,084 Societe Generale(a) 11,521 1,993,358 Sodexho Alliance SA(a) 8,610 631,138 Suez SA(a) 42,726 2,255,958 Technip-Coflexip SA(a) 9,288 682,204 Thomson(a) 23,737 457,458 Valeo SA(a) 6,706 393,812 Vivendi Universal SA(a) 179,479 7,301,876 77,250,615 Germany — 14.2% Aareal Bank AG* 2,000 96,828 Allianz AG(a) 67,381 13,851,639 BASF AG 1,800 202,889 Bayerische Motoren Werke AG(a) 78,074 4,612,065 Bilfinger Berger AG 2,054 187,127 Commerzbank AG(a) 104,017 4,607,403 DaimlerChrysler AG(a) 238,124 19,553,888 Deutsche Bank AG(a) 86,194 11,624,424 Deutsche Lufthansa AG 44,510 1,210,198 Deutsche Telekom AG(a) 580,696 9,614,597 E. On AG(a) 103,294 14,060,447 GEA Group AG 18,322 507,720 Hannover Rueckversicherungs-AG*(a) 13,447 599,767 Hochtief AG 10,848 1,101,167 Hypo Real Estate Holding AG 6,500 415,009 Infineon Technologies AG* 140,994 2,196,788 Lanxess*(a) 5,343 275,540 Muenchener Rueckversicherungs-Gesellschaft AG(a) 50,969 8,630,495 Preussag AG 25,070 620,615 Suedzucker AG(a) 4,706 90,002 Thyssen Krupp AG(a) 75,636 3,746,805 Volkswagen AG(a) 53,293 8,018,336 105,823,749 Greece — 0.4% Alpha Bank A.E. 5,724 181,430

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Bank of Greece 2,413 316,583 Coca-Cola Hellenic Bottling Company SA 27,026 1,138,555 Commercial Bank of Greece* 6,240 173,083 Hellenic Petroleum SA 24,460 349,373 Hellenic Telecommunications Organization SA* 22,270 609,975 2,768,999 Hong Kong — 2.4% Cathay Pacific Airways Ltd.(a) 32,000 80,678 Cheung Kong (Holdings) Ltd.(a) 332,000 4,202,155 China Travel International Investment Hong Kong Ltd. 110,000 51,384 China Unicom Ltd. 376,000 541,831 Hang Lung Development Co., Ltd. 174,000 616,832 Henderson Land Development Co., Ltd.(a) 159,000 927,897 Hongkong and Shanghai Hotels Ltd. 66,303 104,370 Hopewell Holdings Ltd. 107,000 413,550 Hutchison Whampoa Ltd.(a) 341,000 3,277,419 Hysan Development Co., Ltd. 141,040 382,663 MTR Corp.(a) 129,436 324,012 New Asia Realty & Trust Co., Ltd. 50,000 52,791 New World Development Co., Ltd.(a) 478,423 1,084,959 Shanghai Industrial Holdings Ltd. 46,000 106,202 Sino Land Co., Ltd.(a) 480,424 1,036,621 Sun Hung Kai Properties Ltd. 242,000 2,796,667 Tsim Sha Tsui Properties Ltd. 59,702 210,116 Wharf (Holdings) Ltd. 274,000 1,011,659 Wheelock and Co., Ltd.(a) 233,000 522,430 17,744,236 Ireland — 1.8% Allied Irish Banks Plc 66,521 1,975,028 Bank of Ireland 31,312 675,055 CRH Plc 123,241 5,271,027 Irish Life & Permanent Plc 200,834 5,519,639 13,440,749 Italy — 2.7% Banca Monte dei Paschi di Siena SpA(a) 190,583 1,195,415 Banca Popolare di Lodi* 42,955 672,142 Banca Popolare di Milano(a) 92,950 1,440,769 Banche Popolari Unite Scrl(a) 47,656 1,411,734 Benetton Group SpA(a) 15,382 249,331 Buzzi Unicem SpA(a) 14,055 427,824 C.I.R.-Compagnie Industriali Riunite SpA(a) 21,709 86,811 Caltagirone Editore SpA 14,478 120,921 Compagnia Assicuratrice Unipol SpA(a) 70,148 271,597 ERG SpA(a) 9,000 246,510 Fastweb(a) 7,010 448,227 Fiat SpA*(a) 74,800 1,887,709 Italcementi SpA(a) 10,703 320,924 Italmobiliare SpA 1,968 227,932 Milano Assicurazioni 25,000 216,157 SAI SpA 23,500 1,080,212 Societa’ Cattolica di Assicurazioni SpA(a) 1,516 91,602

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Telecom Italia SpA(a) 1,724,050 4,922,768 UniCredito Italiano SpA* 495,467 4,691,477 20,010,062 Japan — 11.9% ADEKA Corp.(a) 6,000 69,510 Aichi Steel Corp.(a) 15,000 91,099

SHARES VALUE COMMON STOCKS (Continued) Japan (Continued) Aisin Seiki Co., Ltd. 22,200 779,875 Ajinomoto Co., Inc.(a) 66,000 761,247 Amada Co., Ltd.(a) 51,000 584,332 Anritsu Corp.(a) 10,000 47,803 Aomori Bank Ltd. 6,000 24,905 Aoyama Trading Co., Ltd.(a) 8,500 270,404 Asahi Breweries Ltd. 45,100 725,037 Asahi Kasei Corp.(a) 14,000 102,173 Asahi National Broadcasting Co., Ltd. 109 219,734 ASATSU-DK, Inc.(a) 3,400 107,583 Autobacs Seven Co., Ltd.(a) 4,000 143,580 Awa Bank Ltd. 29,000 165,270 Bank of Kyoto Ltd.(a) 35,000 402,798 Bank of Nagoya Ltd. 22,000 132,114 CALSONIC KANSEI CORP.(a) 21,000 101,280 Canon Sales Co., Inc. 8,000 168,077 Central Glass Co., Ltd.(a) 26,000 176,260 Chiba Bank Ltd. 21,000 185,770 Chudenko Corp.(a) 5,700 96,968 Chugoku Bank Ltd. 26,000 342,568 Citizen Watch Co. 33,000 310,450 Coca-Cola West Japan Co., Ltd.(a) 8,000 173,861 COMSYS Holdings Corp. 9,000 96,840 Cosmo Oil Co., Ltd.(a) 83,000 348,760 Dai Nippon Printing Co., Ltd.(a) 123,000 1,939,710 Dai-Tokyo Fire and Marine Insurance Co., Ltd.(a) 13,900 97,187 DAIBIRU Corp.(a) 5,000 71,577 Daicel Chemical Industries Ltd.*(a) 24,000 164,335 Daihatsu Motor Co., Ltd.(a) 33,000 314,941 Dainippon Ink and Chemicals, Inc. 32,000 127,385 Daio Paper Corp.(a) 10,000 80,296 Daishi Bank Ltd. 40,000 169,778 Dowa Fire & Marine Insurance Co., Ltd.(a) 24,000 153,311 Eighteenth Bank Ltd. 8,000 37,494 Ezaki Glico Co., Ltd. 13,000 154,587 Fuji Electric Co., Ltd.(a) 32,000 148,888 Fuji Heavy Industries Ltd.(a) 87,000 452,890 Fuji Photo Film 95,000 3,894,867 Fukuyama Transporting Co., Ltd.(a) 17,000 68,975

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Futaba Industrial Co., Ltd.(a) 7,300 177,587 Glory Ltd. 8,700 169,834 Gunma Bank Ltd. 52,000 369,328 GUNZE Ltd.(a) 29,000 168,970 Hachijuni Bank Ltd.(a) 68,000 474,291 Hankyu Department Stores, Inc.(a) 18,000 167,499 Heiwa Corp.(a) 4,000 49,539 Higo Bank Ltd.(a) 29,000 197,831 Hiroshima Bank Ltd.(a) 26,000 143,529 Hitachi Cable Ltd.(a) 25,000 142,687 Hitachi Kokusai Electric, Inc.(a) 9,000 104,648 Hitachi Ltd.(a) 587,000 4,563,586 Hitachi Maxell Ltd.(a) 5,000 68,600 Hitachi Software Engineering Co., Ltd. 4,200 87,526 Hitachi Transport System Ltd. 12,000 137,694 Hokkoku Bank Ltd.(a) 38,000 166,461 Hokuetsu Paper Mills Ltd.(a) 13,000 67,010 House Foods Corp.(a) 9,800 167,550 Hyakugo Bank Ltd. 31,000 199,609 Hyakujushi Bank Ltd. 35,000 212,266 INPEX Holdings, Inc. 1 8,676 Itoham Foods, Inc.(a) 13,000 59,601 Iyo Bank Ltd. 34,000 342,415 Japan Airport Terminal Co., Ltd. 5,000 73,108 Joyo Bank Ltd.(a) 110,000 688,640 JSAT Corp.(b)(c) 7 16,374 Juroku Bank Ltd. 33,000 187,785 Kadokawa Holdings, Inc.(a) 1,100 36,023 Kagoshima Bank Co., Ltd. 22,000 160,558 Kamigumi Co., Ltd.(a) 37,000 319,126 Kandenko Co., Ltd.(a) 14,000 96,338 Kanto Auto Works Ltd.(a) 4,900 62,310 Katokichi Co., Ltd.(a) 13,500 85,089 Keiyo Bank 24,000 155,965 Kikkoman Corp.(a) 16,000 205,503 Kinden Corp.(a) 23,000 206,788 Kirin Brewery Co., Ltd.(a) 81,000 1,172,645 Kissei Pharmaceutical Co., Ltd.(a) 4,000 69,238 Kokusai Securities Co., Ltd.(a) 28,800 329,731 Kokuyo Co., Ltd.(a) 11,000 145,868 Komori Corp. 8,000 186,790 Kuraray Co., Ltd.(a) 49,000 530,575 Kureha Chemical Industry Co., Ltd. 17,000 85,604 Kyocera Corp.(a) 21,700 2,050,670 Kyorin Co., Ltd.(a) 11,000 140,067 Kyowa Hakko Kogyo Co., Ltd.(a) 41,000 380,130 Mabuchi Motor Co., Ltd.(a) 2,300 142,619 Maeda Corp.(a) 13,000 47,438 Makita Corp.(a) 11,000 408,880 Marubeni Corp.(a) 120,000 730,830 Marui Co., Ltd.*(a) 22,000 270,404

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Maruichi Steel Tube Ltd.(a) 8,000 249,054 Matsushita Electric Industrial Co., Ltd.(a) 355,000 7,171,565 Matsushita Electric Works Ltd. 53,000 609,050 Meiji Seika Kaisha Ltd.(a) 47,000 218,679 Millea Holdings, Inc. 103,000 3,819,844 Mitsubishi Heavy Industries Ltd.(a) 545,000 3,532,429 Mitsubishi Logistics Corp.(a) 14,000 238,762 Mitsui Chemicals, Inc.(a) 86,000 753,456 Mitsui Sumitomo Insurance Co., Ltd. 241,000 3,031,846 Morinaga Milk Industry Co., Ltd. 12,000 59,303 Musashino Bank Ltd.(a) 600 32,203 Nagase & Co., Ltd. 15,000 189,470 National House Industrial Co., Ltd.(a) 15,000 100,030 NEC Corp. 94,000 505,320 Nichicon Corp. 7,300 98,977 Nikko Cordial Corp.(a) 9,000 128,839 Nippon Express Co., Ltd.(a) 106,000 666,304 Nippon Kayaku Co., Ltd.(a) 11,000 91,039 Nippon Light Metal Co.(a) 40,000 113,639 Nippon Meat Packers, Inc.(a) 27,000 330,940 Nippon Mining Holdings, Inc.(a) 30,000 259,516 Nippon Mitsubishi Oil Corp.(a) 228,000 1,854,021 Nippon Paint Co., Ltd. 32,000 180,462 Nippon Paper Group, Inc.(a) 164 584,494 Nippon Sheet Glass Co., Ltd. 59,000 310,143 Nippon Shokubai Co., Ltd.(a) 13,000 140,654 Nippon Suisan Kaisha Ltd.(a) 13,000 85,255 Nippon Television Network Corp. 1,360 224,768 Nipponkoa Insurance Co., Ltd.(a) 24,000 206,184 Nipro Corp. 3,000 58,691 Nishimatsu Construction Co., Ltd.(a) 37,000 119,908 Nisshin Flour Milling Co., Ltd.(a) 25,500 260,065 Nisshin Oillio Group Ltd.(a) 16,000 101,799 Nisshin Steel Co., Ltd.(a) 126,000 544,448 Nisshinbo Industries, Inc.(a) 23,000 288,955 Nissin Food Products Co., Ltd.(a) 8,900 327,036 Obayashi Corp.(a) 58,000 374,942 Oita Bank Ltd. 15,000 108,578 Oji Paper Co.(a) 129,000 685,791

SHARES VALUE COMMON STOCKS (Continued) Japan (Continued) Okumura Corp.(a) 27,000 148,360 Ono Pharmaceutical Co., Ltd. 9,500 533,322 Onward Kashiyama Co., Ltd. 9,000 125,471 Pioneer Corp.(a) 18,700 244,954 Q.P. Corp. 13,000 118,207 Rengo Co., Ltd.(a) 31,000 176,405

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Ricoh Co., Ltd.(a) 4,000 90,333 Rinnai Corp. 4,100 109,505 Ryosan Co., Ltd.(a) 2,200 56,701 San-In Godo Bank Ltd. 22,000 208,838 Sanwa Shutter Corp.(a) 26,000 162,327 Sanyo Chemical Industries Ltd. 4,000 27,525 Sapporo Hokuyo Holdings, Inc.(a) 44 441,628 Seiko Epson Corp.(a) 17,200 507,668 Seino Transportation Co., Ltd.(a) 23,000 217,743 Sekisui Chemical Co., Ltd.(a) 74,000 591,043 Sekisui House Ltd. 64,000 998,392 Shiga Bank Ltd.(a) 30,000 208,991 Shikoku Bank Ltd. 3,000 11,636 Shima Seiki Mfg. Ltd.(a) 1,000 26,368 Shimachu Co., Ltd. 6,600 195,926 Shinko Securities Co., Ltd.(a) 72,000 365,619 Sohgo Security Services Co., Ltd. 7,900 145,145 SONY CORP. 138,700 7,066,840 Sumitomo Bakelite Co., Ltd.(a) 18,000 130,447 Sumitomo Corp.(a) 87,000 1,568,834 Sumitomo Electric Industries Ltd.(a) 53,000 807,859 Sumitomo Forestry Co., Ltd.(a) 20,000 211,628 Sumitomo Osaka Cement Co., Ltd.(a) 55,000 165,611 Suzuken Co., Ltd. 8,500 302,216 Taiheiyo Cement Corp.(a) 70,000 310,211 Taisho Pharmaceutical Co., Ltd.(a) 24,000 440,948 Taiyo Yuden Co., Ltd.(a) 16,000 334,113 Takara Standard Co., Ltd.(a) 9,000 52,056 TDK Corp.(a) 13,500 1,173,564 The 77 Bank Ltd.(a) 42,000 274,725 The Aichi Bank Ltd. 1,200 132,386 THE AKITA BANK Ltd. 13,000 66,789 The Bank of Iwate Ltd. 2,000 116,021 The Fuji Fire & Marine Insurance Co.(a) 32,000 132,012 The Fukui Bank Ltd. 6,000 20,006 The Nanto Bank Ltd. 29,000 154,663 The Ogaki Kyoritsu Bank Ltd. 29,000 126,296 The Shizuoka Bank Ltd.(a) 93,000 992,770 The Sumitomo Warehouse Co., Ltd. 19,000 150,623 The Yamanashi Chuo Bank Ltd. 20,000 136,435 The Yasuda Fire & Marine Insurance Co., Ltd.(a) 164,000 2,049,215 The Yokohama Rubber Co., Ltd.(a) 30,000 184,749 Toda Corp.(a) 30,000 143,920 Toho Bank Ltd. 29,000 126,049 Tokai Tokyo Securities Co., Ltd. 7,000 41,679 Tokyo Steel Manufacturing Co., Ltd.(a) 16,100 237,737 Tokyo Style Co., Ltd. 9,000 98,754 Toppan Printing Co., Ltd.(a) 79,000 826,522 TOPPON FORMS CO., LTD. 6,400 81,548 Toshiba Tec Corp. 24,000 143,920 Tostem Corp.(a) 37,000 804,108

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Toyo Ink Manufacturing Co., Ltd.(a) 23,000 86,080 Toyo Seikan Kaisha Ltd.(a) 25,000 505,040 Toyo Suisan Kaisha Ltd. 9,000 177,604 Toyoda Gosei Co., Ltd.(a) 7,600 180,037 Toyota Auto Body Co., Ltd. 12,300 231,740 Uny Co. Ltd. 23,000 316,344 Victor Company of Japan Ltd.*(a) 12,000 62,774 Wacoal Corp.(a) 16,000 203,190 Yamagata Bank Ltd. 15,000 80,253 Yamaguchi Financial Group, Inc.(a) 22,000 297,163 Yamaha Corp. 26,200 586,110 Yamatake Corp. 2,000 46,442 Yamato Kogyo Co., Ltd.(a) 6,000 188,832 Yamazaki Baking Co., Ltd.(a) 19,000 173,734 Yodogawa Steel Works Ltd.(a) 19,000 117,169 88,962,684 Netherlands — 6.3% ABN AMRO Holding NV 303,912 13,095,889 Aegon NV 328,127 6,547,453 Buhrmann NV 24,956 336,432 DSM NV(a) 39,655 1,778,781 European Aeronautic Defense and Space Co.(a) 41,601 1,291,896 Hagemeyer NV 88,169 419,786 Hunter Douglas NV 4,458 393,501 ING Groep NV(a) 313,953 13,289,234 Koninklijke (Royal) Philips Electronics NV(a) 204,928 7,835,686 Koninklijke Ahold NV* 29,350 343,461 Koninklijke Vopak NV 4,566 256,476 Mittal Steel Co. NV(a) 21,448 1,140,785 Oce NV(a) 12,300 225,694 Vedior NV 251 5,579 46,960,653 New Zealand — 0.1% Air New Zealand Ltd. 45,631 76,399 Contact Energy Ltd.(a) 58,930 388,334 Fisher & Paykel Appliances Holdings Ltd.(a) 59,654 156,644 Fletcher Building Ltd.(a) 45,461 357,801 979,178 Norway — 1.1% Aker Yards ASA 11,630 200,900 Den Norske Bank ASA(a) 115,100 1,624,701 Norsk Hydro ASA(a) 101,600 3,368,057 Norske Skogindustrier ASA(a) 28,143 481,520 Orkla ASA 28,000 1,973,875 Storebrand ASA 34,900 559,236 8,208,289 Papua New Guinea — 0.0% Oil Search Ltd. 35,788 107,600

Portugal — 0.2%

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Banco Comercial Portugues SA(a) 67,961 246,315 Banco Espirito Santo SA 50,391 963,045 Portucel - Empresa Produtora de Pasta e Papel SA 143,000 504,896 1,714,256 Singapore — 0.7% Chartered Semiconductor Manufacturing Ltd.*(a) 300,000 286,665 Fraser & Neave Ltd. 226,500 761,244 Jardine Cycle & Carriage Ltd. 32,000 250,947 Neptune Orient Lines Ltd. 158,000 337,356 Singapore Airlines Ltd.* 175,000 1,914,396 Singapore Land Ltd. 33,000 230,518 STATS ChipPAC Ltd.* 382,000 458,164 United Industrial Corp. Ltd. 90,000 171,999

SHARES VALUE COMMON STOCKS (Continued) Singapore (Continued) United Overseas Land Ltd.* 153,000 514,218 4,925,507 Spain — 6.0% Acciona SA 8,496 1,842,439 Acerinox SA(a) 34,212 871,636 Aguas De Barcelona SA*(a) 130 4,529 Azucarera Ebro Agricolas SA(a) 22,833 539,587 Banco de Andalucia 1,120 139,528 Banco De Sabadell SA(a) 45,704 2,179,702 Banco Pastor SA(a) 22,568 520,647 Banco Santander Central Hispano SA 1,207,886 21,582,114 Cementos Portland SA(a) 3,533 533,929 Corp. Mapfre SA(a) 141,510 726,742 Endesa SA 129,899 7,032,470 Gas Natural SDG SA 31,479 1,479,816 Iberia Lineas Aereas de Espana SA(a) 99,500 530,955 Repsol-YPF SA(a) 167,543 5,655,581 Sociedad General de Aguas de Barcelona SA, Class A(a) 13,107 467,156 Sol Melia SA(a) 13,600 327,396 44,434,227 Sweden — 3.2% Electrolux AB(a) 20,400 516,940 Fabege AB(a) 14,615 367,208 Invik & Company AB 1,575 41,827 Mo Och Domsjoe AB (MoDo) Series B(a) 10,400 428,063 NCC AB 5,400 173,559 Nordea AB(a) 401,950 6,416,284 Skandinaviska Enskilda Banken AB Series A(a) 34,900 1,116,708 SSAB Svenskt Stal AB Series A(a) 24,000 740,449 SSAB Svenskt Stal AB Series B(a) 10,500 301,398 Svenska Cellulosa AB (SCA) Series B(a) 37,100 1,986,471

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Svenska Handelsbanken AB Series A(a) 50,200 1,491,278 Tele2 AB, Class B 59,800 980,265 TeliaSonera AB 374,250 3,228,164 Trelleborg AB Series B 13,200 342,995 Volvo AB Series A(a) 18,900 1,626,196 Volvo AB Series B 43,100 3,628,201 Wihlborgs Fastigheter AB 5,846 125,541 23,511,547 Switzerland — 5.9% Baloise Holdings Ltd. 14,302 1,492,003 Banque Cantonale Vaudoise 1,400 667,904 Berner Kantonalbank 1,170 206,482 Ciba Specialty Chemicals AG(a) 11,200 739,370 Clariant AG* 21,639 372,071 Credit Suisse Group(a) 239,579 17,228,508 Ems-Chemie Holding AG(a) 82 10,346 Givaudan SA(a) 1,211 1,122,517 Helvetia Patria Holding 1,240 532,261 Holcim Ltd. 31,326 3,143,967 Luzerner Kantonalbank* 700 155,864 Rieter Holding AG 430 214,716 Sika AG 310 527,915 Swiss Life Holding 5,438 1,367,797 Swiss Re 51,980 4,758,189 Syngenta AG* 14,564 2,792,454 Valiant Holding* 2,700 368,951 Zurich Financial Services 27,475 7,947,267 43,648,582 United Kingdom — 19.0% Alliance & Leicester Group Treasury Plc(a) 11,000 245,544 Amlin Plc 61,764 344,677 Amvescap Plc 123,119 1,357,180 Anglo American Plc 270,001 14,227,810 Arriva Plc 12,620 184,823 Associated British Foods Plc 101,883 1,732,766 Aviva Plc 471,872 6,952,489 BAE Systems Plc 155,117 1,404,564 Barratt Developments Plc 34,875 758,579 BBA Aviation Plc 41,301 228,450 Bellway Plc 12,000 375,580 Bodycote International Plc 5,475 33,490 Bovis Homes Group Plc 16,171 366,702 Bradford & Bingley Plc 58,724 525,091 British Airways Plc* 173,882 1,663,471 Cable & Wireless Plc 341,025 1,118,370 Carnival Plc 36,263 1,748,143 Compass Group Plc 128,011 856,743 Corus Group Plc 95,113 1,136,457 Derwent London Plc 5,353 228,761 DS Smith Plc 45,421 200,053 DSG International Plc 258,115 863,747

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document easyJet Plc* 57,000 778,679 Fiberweb Plc 12,292 51,356 Friends Provident Plc 332,054 1,258,241 George Wimpey Plc 63,008 788,199 GKN Plc 115,118 864,494 Greene King Plc 20,826 452,174 Hanson Plc 121,903 1,961,672 HBOS Plc 665,628 13,718,372 International Power Plc 150,973 1,178,330 ITV Plc 677,227 1,453,065 J Sainsbury Plc 280,691 3,036,131 Kingfisher Plc 407,132 2,229,948 Ladbrokes Plc 93,074 737,426 Marston’s Plc 38,800 337,199 Millennium & Copthorne Hotels Plc 42,008 562,296 Mitchells & Butlers Plc 66,257 1,026,434 Old Mutual Plc 465,871 1,504,869 Pearson Plc 120,492 2,068,231 Persimmon Plc 49,504 1,370,093 Resolution Plc 117,318 1,432,949 Rolls-Royce Group Plc* 48,701 473,815 Rolls-Royce Group plc 2,883,099 5,817 Royal & Sun Alliance Insurance Group Plc 511,663 1,631,636 Royal Bank of Scotland Group Plc 619,916 24,210,225 Schroders Plc 11,172 278,853 Scottish & Newcastle Plc 141,113 1,670,810 Scottish Power Plc 223,045 3,512,423 Signet Group Plc 509 1,258 Slough Estates Plc 69,540 1,073,186 Taylor Woodrow Plc 96,480 929,639 Trinity Mirror Plc 42,590 446,009 Vodafone Group Plc 9,254,792 24,684,838 Whitbread Plc 30,138 1,119,465 William Morrison Supermarkets Plc 41,694 253,399 Wilson Bowden Plc 11,000 457,960 Woolworths Group Plc 191,054 115,645 WPP Group Plc 201,712 3,057,361 Xstrata 80,556 4,141,860 141,427,847 TOTAL COMMON STOCKS (Identified Cost $467,513,470) 740,083,407

SHARES VALUE RIGHTS — 0.0% Sweden — 0.0% Fabege AB*(c) 14,615 11,259

TOTAL RIGHTS (Identified Cost $0) 11,259

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SHORT-TERM INVESTMENTS — 0.7% Other — 0.7% SSgA Government Money Market Fund 2 2 SSgA Money Market Fund 5,379,001 5,379,001 5,379,003 TOTAL SHORT-TERM INVESTMENTS (Identified Cost $5,379,003) 5,379,003 Total Investments — 100.1% (Identified Cost $472,892,473)# 745,473,669

Liabilities, Less Cash and Other Assets — (0.1%) (426,882) Net Assets — 100.0% $ 745,046,787

(a) All or a portion of security out on loan. (b) Acquired security/delisted. (c) Securities were fair valued by management. Total market value for such investments amounted to $27,633, which represents less than 0.004% of net assets. * Non-income producing security. # At March 31, 2007 the aggregate cost of investment securities for income tax purposes was $472,892,473. Net unrealized appreciation aggregated $272,581,196 of which $273,654,091 related to appreciated investment securities and $1,072,895 related to depreciated investment securities.

Portfolio Sectors (% of portfolio market value)

United Kingdom 19.0 % 141,427,847 Other 17.8 % 133,453,599 Germany 14.2 % 105,823,749 Japan 11.9 % 88,962,684 France 10.4 % 77,250,615 Netherlands 6.3 % 46,960,653 Spain 6.0 % 44,434,227 Switzerland 5.9 % 43,648,582 Australia 4.3 % 31,953,338 Canada 4.2 % 31,558,375

Total 100.0 % 745,473,669

International HBtM Fund

Ten Largest Industry Holdings March 31, 2007 (As a percentage of Net Assets):

Industry Percentage Banks 19.8 % Financial Services 12.8 % Insurance 9.6 %

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Telecommunications 7.0 % Building & Construction 4.9 % Auto & Related 4.2 % Electronics 4.0 % Utilities 3.8 % Metals & Mining 3.6 % Automobiles 2.6 %

SA International Small Company Fund PORTFOLIO OF INVESTMENTS — AS OF MARCH 31, 2007 (UNAUDITED)

SHARES VALUE MUTUAL FUNDS — 100.2% Other — 100.2% DFA International Small Company Portfolio 12,802,062 $ 267,051,007 TOTAL MUTUAL FUNDS (Identified Cost $151,732,608) 267,051,007 Total Investments — 100.2% (Identified Cost $151,732,608)# 267,051,007

Liabilities, Less Cash and Other Assets — (0.2%) (422,792) Net Assets — 100.0% $ 266,628,215

# At March 31, 2007 the aggregate cost of investment securities for income tax purposes was $151,732,608. Net unrealized appreciation aggregated $115,318,399 which related solely to appreciated investment securities.

DFA INVESTMENT DIMENSIONS GROUP INC. SCHEDULE OF INVESTMENTS

INTERNATIONAL SMALL COMPANY PORTFOLIO March 31, 2007 (Unaudited)

Value†

AFFILIATED INVESTMENT COMPANIES — (99.8%)

Investment in The Continental Small Company Series of The DFA Investment Trust Company $ 1,969,577,674

Investment in The Japanese Small Company Series of The DFA Investment Trust Company 1,311,378,444

Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company 1,148,446,901

Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company 800,012,829

TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $3,544,220,141) 5,229,415,848

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Face Amount (000) TEMPORARY CASH INVESTMENTS — (0.2%) Repurchase Agreement, PNC Capital Markets, Inc. 5.19%, 04/02/07 (Collateralized by $22,635,000 FNMA 3.25%, 12/25/31, valued at $13,229,412) to be repurchased at $13,038,637 (Cost $13,033,000) $ 13,033 13,033,000

TOTAL INVESTMENTS — (100.0%) (Cost $3,557,253,141)## $ 5,242,448,848

Organizational Note

DFA Investment Dimensions Group Inc. (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940. At March 31, 2007, the Fund consists of forty-four operational portfolios, of which, International Small Company Portfolio (the “Portfolio”) is included in this document. The Fund’s investment advisor is Dimensional Fund Advisors LP. The Portfolio is a “Fund-of-Funds”, which invests in four series (the “Master Funds”) of The DFA Investment Trust Company, which is also advised by Dimensional Fund Advisors LP. The Schedules of Investments for the Master Funds have been included in this document.

Security Valuation Note

The International Small Company Portfolio invests in the four Master Funds indicated on its Schedule of Investments. Its investments reflect its proportionate interest in the net assets of the corresponding Master Funds.

Federal Tax Cost Note

At March 31, 2007, the total cost of securities for federal income tax purposes was $3,557,411,356.

THE JAPANESE SMALL COMPANY SERIES SCHEDULE OF INVESTMENTS March 31, 2007 (Unaudited)

Shares Value ††

COMMON STOCKS — (73.3%) Consumer Discretionary — (15.8%) # ABILIT Corp. 110,900 $ 641,160 Aeon Fantasy Co., Ltd. 58,032 1,596,463 Ahresty Corp. 73,000 1,971,421 Aichi Machine Industry Co., Ltd. 292,000 752,524 # Aigan Co., Ltd. 63,200 500,819 # Aisan Industry Co., Ltd. 191,300 2,165,978 # Akebono Brake Industry Co., Ltd. 386,000 3,347,908 # Akindo Sushiro Co., Ltd. 16,000 559,801 # Alpha Corp. 28,700 600,362

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Alpine Electronics, Inc. 226,300 4,055,222 # Amiyaki Tei Co., Ltd. 245 573,800 Amuse, Inc. 20,000 228,150 # Anrakutei Co., Ltd. 50,000 330,020 # AOI Advertising Promotion, Inc. 39,000 252,953 AOKI Holdings, Inc. 162,700 3,097,131 Araya Industrial Co., Ltd. 180,000 565,216 Arealink Co., Ltd. 2,000 1,431,743 # * Asahi Tec Corp. 633,000 1,114,059 Ashimori Industry Co., Ltd. 182,000 400,542 Asics Trading Co., Ltd. 20,000 233,871 Asti Corp. 50,000 348,415 * Atom Corp. 133,200 557,172 Atsugi Co., Ltd. 675,000 1,143,050 # Aucnet, Inc. 31,600 455,455 Automobile Foundry Co., Ltd. 125,000 381,388 # Avex Group Holdings, Inc. 148,100 2,400,351 # * Banners Co., Ltd. 86,000 59,268 # Belluna Co., Ltd. 189,460 2,597,614 # Best Denki Co., Ltd. 265,500 1,496,479 # Bookoff Corp. 65,000 1,167,816 Cabin Co., Ltd. 129,142 614,211 # * CARCHS Co., Ltd. 710,600 718,671 Catena Corp. 92,000 241,384 # * Cecile Co., Ltd. 102,600 603,515 # Chiyoda Co., Ltd. 145,000 3,547,622 Chofu Seisakusho Co., Ltd. 121,000 2,593,489 * Chori Co., Ltd. 549,000 1,064,271 Chuo Corp. 81,000 274,664 Chuo Spring Co., Ltd., Nagoya 202,000 959,134 # Clarion Co., Ltd. 728,000 1,167,321 # Cleanup Corp. 150,000 1,386,642 # Colowide Co., Ltd. 188,950 972,956 # * Columbia Music Entertainment, Inc. 477,000 455,495

1

Corona Corp. 101,200 $ 1,731,004 Cross Plus, Inc. 22,000 393,437 # Cybozu, Inc. 1,538 781,871 D&M Holdings, Inc. 287,000 1,111,807 Daido Kogyo Co., Ltd. 145,000 392,195 # Daido Metal Co., Ltd. 134,000 853,404 # Daidoh, Ltd. 129,000 1,555,574 Daikoku Denki Co., Ltd. 46,100 836,725 Daimaruenawin Co., Ltd 400 2,433 Dainichi Co., Ltd. 59,200 455,242 # Daisyo Corp. 67,200 871,778 * Daito Woolen Spinning & Weaving Co., Ltd. 82,000 106,851 # Daiwa Seiko, Inc. 405,000 792,403

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Daiwabo Co., Ltd. 478,000 1,299,464 # Descente, Ltd. 249,000 1,213,666 # * Dia Kensetsu Co., Ltd. 284,800 276,245 # Doshisha Co., Ltd. 61,100 1,236,147 # Doutor Coffee Co., Ltd. 87,200 1,680,429 # Dynic Corp. 127,000 310,928 Eagle Industry Co., Ltd. 170,000 1,831,779 # * Econach Co., Ltd. 177,000 272,387 * Edosawa Co., Ltd. 12,000 29,992 Eikoh, Inc. 41,800 174,954 Exedy Corp. 90,000 2,555,560 F&A Aqua Holdings, Inc. 62,238 523,697 Fine Sinter Co., Ltd. 49,000 214,399 # Foster Electric Co., Ltd. 78,000 907,791 # France Bed Holdings Co., Ltd. 826,000 1,672,721 # Fuji Co., Ltd. 120,400 1,906,444 Fuji Corp, Ltd. 117,000 699,497 # Fuji Kiko Co., Ltd. 151,000 429,774 # Fuji Kyuko Co., Ltd. 378,000 2,123,118 # * Fujibo Holdings, Inc. 332,000 637,586 Fujikura Rubber, Ltd. 74,000 586,243 # Fujita Kanko, Inc. 411,000 3,272,832 Fujitsu Business Systems, Ltd. 90,900 1,411,345 # * Fujitsu General, Ltd. 348,000 698,659 # * Furukawa Battery Co., Ltd. 73,000 128,823 Fuso Lexel, Inc. 59,700 547,749 G-7 Holdings, Inc. 29,200 189,265 # Gakken Co., Ltd. 329,000 841,892 # Genki Sushi Co., Ltd. 19,200 212,676 GEO Co., Ltd. 122 247,249 Global-Dining, Inc. 13,300 77,893 # * Goldwin, Inc. 175,000 358,916 # Gourmet Kineya Co., Ltd. 68,000 553,383 # * GSI Creos Corp. 194,000 269,323 # Gulliver International Co., Ltd. 36,120 2,376,642 Happinet Corp. 37,000 496,283 # Haruyama Trading Co., Ltd. 49,900 478,385 Himaraya Co., Ltd. 38,300 387,406 HIS Co., Ltd. 118,200 3,391,742 # Hitachi Powdered Metal Co., Ltd. 97,000 513,816 Horipro, Inc. 43,800 472,385 * Ichida and Co., Ltd. 60,400 60,891

2

Ichikawa Co., Ltd. 63,000 $ 280,783 Ichikoh Industries, Ltd. 296,000 819,307 Imasen Electric Industrial Co., Ltd. 44,900 458,093 Impact 21 Co., Ltd. 64,100 1,128,369 Imperial Hotel, Ltd. 2,800 132,150

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Impress Holdings, Inc. 1,124 297,416 Inaba Seisakusho Co., Ltd. 55,500 870,949 Ishizuka Glass Co., Ltd. 109,000 287,129 * Izuhakone Railway Co., Ltd. 300 13,747 # * Izutsuya Co., Ltd. 350,000 396,929 # Janome Sewing Machine Co., Ltd. 607,000 871,386 # Japan Vilene Co., Ltd. 211,000 1,344,644 # Jeans Mate Corp. 38,208 376,482 # Jidosha Buhin Kogyo Co., Ltd. 67,000 266,863 # * Joban Kosan Co., Ltd. 226,000 331,172 # Joshin Denki Co., Ltd. 201,000 1,410,801 Juki Corp. 440,000 2,899,229 Juntendo Co., Ltd. 35,000 55,046 # Jyomo Co., Ltd. 186,000 352,831 # Kabuki-Za Co., Ltd. 39,000 1,607,153 # Kadokawa Holdings, Inc. 94,400 3,080,405 Kanto Auto Works, Ltd. 243,500 3,086,830 Kasai Kogyo Co., Ltd. 119,000 530,685 Kato Sangyo Co., Ltd. 130,700 1,721,555 Kawai Musical Instruments Manufacturing Co., Ltd. 263,000 629,788 # * Kawashima Textile Manufacturers, Ltd. 289,000 521,498 # Kayaba Industry Co., Ltd. 709,000 3,908,656 Keiiyu Co., Ltd. 68,200 471,542 # Keiyo Co., Ltd. 188,900 1,267,461 Kentucky Fried Chicken Japan, Ltd. 73,000 1,371,216 # Kenwood Corp. 1,250,000 1,891,130 Kinki Nippon Tourist Co., Ltd. 283,000 905,511 # Kinugawa Rubber Industrial Co., Ltd. 203,000 364,078 # Kisoji Co., Ltd. 82,100 1,477,427 Koekisha Co., Ltd. 13,600 225,303 # Kohnan Shoji Co., Ltd. 86,900 901,899 # Kojima Co., Ltd. 121,300 1,033,177 # Komatsu Seiren Co., Ltd. 135,000 668,222 Konaka Co., Ltd. 100,960 1,152,002 # * Kosugi Sangyo Co., Ltd. 416,000 284,365 Kurabo Industries, Ltd. 832,000 2,304,183 Kuraudia Co., Ltd. 4,800 60,147 Kuroganeya Co., Ltd. 14,000 60,005 K’s Holdings Corp. 137,572 3,655,666 # Kyoritsu Maintenance Co., Ltd. 46,660 1,081,687 # Kyoto Kimono Yuzen Co., Ltd. 572 586,762 Kyowa Leather Cloth Co., Ltd. 75,400 459,562 # Laox Co., Ltd. 206,000 389,172 # Look, Inc. 102,000 242,409 # Maezawa Kyuso Industries Co., Ltd. 51,700 852,994 # * Magara Construction Co., Ltd. 135,000 236,290 # * Mamiya-Op Co., Ltd. 285,000 311,584 # Marche Corp. 23,000 208,264 # Mars Engineering Corp. 72,900 1,482,894 Marubeni Telecom Co., Ltd. 207 187,573

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document 3

# Maruei Department Store Co., Ltd. 136,000 $ 429,333 Maruzen Co., Ltd. (5982) 46,000 266,232 # * Maruzen Co., Ltd. (8236) 329,000 552,160 # Matsuya Co., Ltd. 179,000 3,673,442 # Matsuya Foods Co., Ltd. 59,700 816,836 # Matsuzakaya Holdings Co., Ltd. 529,077 4,824,931 Meiwa Industry Co., Ltd. 38,000 127,210 Mikuni Corp. 96,000 393,356 # * Misawa Homes Holdings, Inc. 117,100 2,453,815 Misawa Resort Co., Ltd. 172,000 829,540 Mitsuba Corp. 155,690 1,216,840 # Mitsui Home Co., Ltd. 228,000 1,454,942 Miyuki Keori Co., Ltd. 106,000 362,616 # Mizuno Corp. 462,000 2,916,068 # MOS Food Services, Inc. 104,000 1,426,858 # MR Max Corp. 127,200 616,520 Mutow Co., Ltd. 79,400 353,153 # * Naigai Co., Ltd. 236,000 241,756 # Nexyz Corp. 3,700 226,419 Nice Corp. 378,000 1,414,991 # Nichimo Corp. 592,000 539,841 # Nidec Copal Corp. 194,500 2,118,835 # Nidec Tosok Corp. 62,600 600,201 # Nihon Eslead Corp. 53,048 1,374,995 Nihon Tokushu Toryo Co., Ltd. 56,000 354,194 # Nikko Travel Co., Ltd. 12,200 72,355 Nippon Felt Co., Ltd. 69,000 501,558 # Nippon Piston Ring Co., Ltd. 262,000 587,340 # Nippon Restaurant System, Inc. 51,800 1,841,356 Nippon Seiki Co., Ltd. 155,000 3,615,646 Nishimatsuya Chain Co., Ltd. 179,400 3,022,961 Nissan Shatai Co., Ltd. 520,000 2,642,572 # Nissen Co., Ltd. 188,000 1,313,842 # Nittan Valve Co., Ltd. 85,000 771,054 Nitto Kako Co., Ltd. 98,000 139,375 # * Nitto Seimo Co., Ltd. 50,000 57,654 Noritake Co., Ltd. 530,000 2,637,197 Noritsu Koki Co., Ltd. 114,800 2,043,844 # * Omikenshi Co., Ltd. 176,000 214,462 * Orient Watch Co., Ltd. 12,000 4,175 # Pacific Industrial Co., Ltd. 187,000 1,254,086 # PanaHome Corp. 506,000 3,354,712 Parco Co., Ltd. 285,000 3,616,835 # Paris Miki, Inc. 191,900 3,172,147 # Pentax Corp. 396,000 2,319,308 Piolax, Inc. 41,100 811,748 Press Kogyo Co., Ltd. 385,000 1,895,816 # * Renown, Inc. 153,800 1,410,973

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Resorttrust, Inc. 178,608 4,151,624 # Rhythm Watch Co., Ltd. 454,000 695,783 # Right On Co., Ltd. 103,225 3,006,238 Riken Corp. 368,000 2,334,853 # Ringer Hut Co., Ltd. 69,500 867,374 Roland Corp. 85,700 1,973,251 # Royal Co., Ltd. 142,000 1,789,465

4

# Sagami Chain Co., Ltd. 78,000 $ 733,173 Sagami Co., Ltd. 80,000 214,070 Sagami Rubber Industries Co., Ltd. 15,000 49,820 # Saint Marc Holdings Co., Ltd. 38,300 2,252,230 # Saizeriya Co., Ltd. 176,900 2,183,154 # Sakai Ovex Co., Ltd. 205,000 346,305 Sanden Corp. 473,000 2,066,202 Sanei-International Co., Ltd. 59,300 2,255,816 Sankyo Seiko Co., Ltd. 188,000 1,081,579 Sanoh Industrial Co., Ltd. 118,000 757,064 # Sanrio Co., Ltd. 268,400 3,956,315 * Sansui Electric Co., Ltd. 4,135,000 770,376 Sanyo Housing Nagoya Co., Ltd. 363 523,462 # Sanyo Shokai, Ltd. 458,000 4,103,438 # Seiko Corp. 387,407 2,389,897 Seiren Co., Ltd. 221,000 2,341,791 Senshukai Co., Ltd. 164,000 2,239,582 Shaddy Co., Ltd. 62,700 776,245 # Shikibo, Ltd. 372,000 541,459 # Shinyei Kaisha 96,000 232,596 # Shiroki Co., Ltd. 276,000 789,193 # Shobunsha Publications, Inc. 53,500 636,322 # Shochiku Co., Ltd. 437,000 3,280,356 Showa Corp. 231,500 3,392,617 # * Showa Rubber Co., Ltd. 41,300 58,551 * Silver Ox, Inc. 50,000 61,334 # * Silver Seiko, Ltd. 1,091,000 507,677 # Simree Co., Ltd. 41,000 168,610 SK Japan Co., Ltd. 17,550 86,268 SNT Corp. 86,300 559,963 * Sofmap Co., Ltd. 27,300 76,185 Soft99 Corp. 73,400 632,886 Sotoh Co., Ltd. 51,000 599,418 SPK Corp. 16,800 274,288 # Suminoe Textile Co., Ltd. 236,000 766,339 Suzutan Co., Ltd. 26,200 121,373 # * SxL Corp. 493,000 483,350 Tachikawa Corp. 50,800 318,649 # Tachi-S Co., Ltd. 111,040 1,160,372 Takamatsu Corp. 130,300 2,097,876

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Taka-Q Co., Ltd. 73,500 251,837 TAKE AND GIVE. NEEDS Co., Ltd. 1,213 747,976 # Tasaki Shinju Co., Ltd. 116,000 576,708 Taya Co., Ltd. 5,000 41,477 TBK Co., Ltd. 90,000 377,360 * TDF Corp. 27,000 84,588 # Tecmo, Ltd. 79,800 629,696 # Teikoku Piston Ring Co., Ltd. 111,000 959,089 # Teikoku Sen-I Co., Ltd. 80,000 350,612 # Ten Allied Co., Ltd. 50,000 189,007 Tenma Corp. 104,900 1,900,743 The Japan General Estate Co., Ltd. 103,300 2,641,202 The Japan Wool Textile Co., Ltd. 306,000 2,674,276 Tigers Polymer Corp. 59,000 410,984 # Toabo Corp. 219,000 233,180

5

Toei Co., Ltd. 438,000 $ 2,448,184 # * Tohoku Misawa Homes Co., Ltd. 37,500 90,723 Tohoku Pioneer Corp. 62,100 893,561 # * Tokai Kanko Co., Ltd. 861,000 226,378 Tokai Senko KK, Nagoya 102,000 157,438 # * Tokyo Dome Corp. 648,000 3,508,737 Tokyo Kaikan Co., Ltd. 9,000 55,530 Tokyo Soir Co., Ltd. 49,000 165,872 Tokyo Style Co., Ltd. 354,000 3,869,501 # Tokyotokeiba Co., Ltd. 971,000 2,667,913 Tokyu Recreation Co., Ltd. 77,000 452,119 # Tomy Co., Ltd. 321,793 2,052,026 # * Tonichi Carlife Group, Inc. 108,000 236,297 Topre Corp. 185,000 1,682,766 * Tosco Co., Ltd. 81,000 269,908 Totenko Co., Ltd. 57,000 140,650 # Touei Housing Corp. 92,440 1,432,215 # Toyo Radiator Co., Ltd. 238,000 1,083,542 # Toyo Tire & Rubber Co., Ltd. 705,000 2,933,749 Tsukamoto Co., Ltd. 67,000 107,883 Tsutsumi Jewelry Co., Ltd. 69,300 1,825,720 # Unitika, Ltd. 1,614,000 2,237,658 U-Shin, Ltd. 97,000 650,675 * Verite Co., Ltd. 24,000 52,125 Watabe Wedding Corp. 29,500 396,081 # Watami Food Service Co., Ltd. 137,400 1,952,254 Wondertable, Ltd. 97,000 139,486 XNET Corp. 91 145,679 # Yamatane Corp. 338,000 538,184 Yamato International, Inc. 43,000 356,663 Yellow Hat, Ltd., Tokyo 75,600 578,009 Yokohama Reito Co., Ltd. 163,000 1,290,998

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Yomiuri Land Co., Ltd. 261,000 1,573,091 Yonex Co., Ltd. 41,000 304,482 # Yorozu Corp. 69,200 975,283 # Yoshimoto Kogyo Co., Ltd. 115,000 1,812,138 # Yoshinoya D&C Co., Ltd. 2,227 4,117,742 # Zenrin Co., Ltd. 122,400 3,278,077 # Zensho Co., Ltd. 278,000 3,183,550 Total Consumer Discretionary 338,435,558

Consumer Staples — (7.1%) # Aderans Co., Ltd. 141,350 3,427,196 Ahjikan Co., Ltd. 10,500 82,868 # Ariake Japan Co., Ltd. 111,900 2,299,148 # Asahi Soft Drinks Co., Ltd. 177,000 2,627,937 Bull-Dog Sauce Co., Ltd. 37,000 455,817 # Calpis Co., Ltd. 272,000 2,478,900 Cawachi, Ltd. 83,400 2,255,743 CFS Corp. 90,500 468,686 # Chubu Shiryo Co., Ltd. 76,000 532,520 Chuo Gyorui Co., Ltd. 93,000 323,716 Coca-Cola Central Japan Co., Ltd. 311 2,416,214 CVS Bay Area, Inc. 55,000 103,442 # DyDo Drinco, Inc. 57,200 2,332,758

6

# Echo Trading Co., Ltd. 11,000 $ 114,156 # Ensuiko Sugar Refining Co., Ltd. 103,000 277,659 Fancl Corp. 244,600 3,392,078 # * First Baking Co., Ltd. 140,000 198,096 # Fuji Oil Co., Ltd. 294,400 2,467,402 # Fujicco Co., Ltd. 110,600 1,219,834 # * Fujiya Co., Ltd. 391,000 875,319 Hagoromo Foods Corp. 41,000 384,216 # Harashin Narus Holdings Co., Ltd. 57,000 738,168 # * Hayashikane Sangyo Co., Ltd. 267,000 319,100 # Heiwado Co., Ltd. 204,000 3,183,505 # * Hohsui Corp. 120,000 190,878 Hokkaido Coca-Cola Bottling Co., Ltd. 89,000 555,369 # Hokuto Corp. 113,300 2,008,372 # Inageya Co., Ltd. 166,000 1,313,054 Itochu Shokuh Co., Ltd. 44,300 1,490,863 Itoham Foods, Inc. 729,000 3,331,892 # Izumiya Co., Ltd. 300,000 2,311,760 J-Oil Mills, Inc. 563,000 2,177,285 # Kagome Co., Ltd. 242,200 3,848,959 Kameda Seika Co., Ltd. 71,800 878,225 # Kasumi Co., Ltd. 199,000 1,097,199 Katokichi Co., Ltd. 475,200 2,986,047 # Key Coffee, Inc. 71,200 1,022,757

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Kibun Food Chemifa Co., Ltd. 88,000 1,188,611 # Kirindo Co., Ltd. 22,800 201,663 Kyodo Shiryo Co., Ltd. 313,000 442,701 # Kyokuyo Co., Ltd. 337,000 750,894 # Life Corp. 179,900 2,338,310 Mandom Corp. 81,300 2,030,233 Marudai Food Co., Ltd. 454,000 1,617,764 # Maruha Group, Inc. 1,202,000 2,260,115 Maruya Co., Ltd. 14,000 54,708 Maxvalu Tohok Co., Ltd. 18,200 153,121 Maxvalu Tokai Co., Ltd. 56,000 1,131,941 # Meito Sangyo Co., Ltd. 79,900 1,614,307 Mercian Corp. 424,000 1,139,450 # Mikuni Coca-Cola Bottling Co., Ltd. 179,000 1,870,983 # Milbon Co., Ltd. 39,940 1,239,623 Ministop Co., Ltd. 94,100 1,625,654 # Mitsui Sugar Co., Ltd. 477,850 1,773,274 # Miyoshi Oil & Fat Co., Ltd. 246,000 495,859 # Morinaga & Co., Ltd. 933,000 2,189,862 Morinaga Milk Industry Co., Ltd. 809,000 3,987,452 # Morishita Jinton Co., Ltd. 47,800 156,917 # Morozoff, Ltd. 110,000 319,155 Myojo Foods Co., Ltd. 129,000 895,680 # Nagatanien Co., Ltd. 121,000 914,085 # Nakamuraya Co., Ltd. 186,000 954,708 # Nichimo Co., Ltd. 112,000 215,321 # Nichiro Corp. 494,000 888,221 # Nihon Chouzai Co., Ltd. 23,000 517,356 Nihon Shokuh Kako Co., Ltd. 71,000 193,034 # Niitaka Co., Ltd. 7,260 65,585 Nippon Beet Sugar Manufacturing Co., Ltd. 527,000 1,521,055

7

Nippon Flour Mills Co., Ltd. 600,000 $ 2,420,911 Nippon Formula Feed Manufacturing Co., Ltd. 216,000 319,783 Nissin Sugar Manufacturing Co., Ltd. 152,000 406,088 Nitto Flour Milling Co., Ltd. 141,000 425,764 # Nosan Corp. 416,000 1,057,732 # Oenon Holdings, Inc. 201,000 534,964 Oie Sangyo Co., Ltd. 20,900 168,244 Okuwa Co., Ltd. 156,000 2,217,501 Olympic Corp. 66,700 460,884 Oriental Yeast Co., Ltd. 103,000 632,877 Pietro Co., Ltd. 10,300 87,286 # Pigeon Corp. 65,300 1,122,413 Poplar Co., Ltd. 25,760 209,266 Posful Corp. 58,800 213,549 # * Prima Meat Packers, Ltd. 724,000 883,873 Riken Vitamin Co., Ltd. 81,400 2,443,971

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Rock Field Co., Ltd. 42,100 683,381 # Ryoshoku, Ltd. 153,200 3,368,819 S Foods, Inc. 99,500 943,174 # Sakata Seed Corp. 175,600 2,181,160 Seijo Corp. 33,600 799,751 # Shikoku Coca-Cola Bottling Co., Ltd. 74,500 850,403 Shoei Foods Corp. 44,000 237,844 # Showa Sangyo Co., Ltd. 620,000 1,524,547 Snow Brand Milk Products Co., Ltd. 924,500 3,565,929 Snow Brand Seed Co., Ltd. 30,000 122,218 # Sogo Medical Co., Ltd. 20,800 433,323 Sonton Food Industry Co., Ltd. 43,000 426,653 # Sotetsu Rosen Co., Ltd. 70,000 274,777 Starzen Corp. 266,000 661,151 # Sugi Pharmacy Co., Ltd. 203,700 4,123,246 # T.Hasegawa Co., Ltd. 142,700 2,348,242 # Takara Holdings, Inc. 365,000 2,574,765 # * The Maruetsu, Inc. 411,000 1,804,990 # The Nisshin Oillio Group, Ltd. 601,000 3,804,185 Three F Co., Ltd. 17,700 128,353 # Tobu Store Co., Ltd. 220,000 605,921 # Toho Co., Ltd. 162,000 546,979 # Tohto Suisan Co., Ltd. 120,000 354,430 Tokyu Store Chain Corp. 240,000 1,399,307 # Torigoe Co., Ltd. 80,000 559,901 # * Toyo Sugar Refining Co., Ltd. 157,000 240,638 Tsukiji Uoichiba Co., Ltd. 57,000 125,661 Tsuruha Holdings, Inc. 46,400 1,867,124 U. Store Co., Ltd. 63,600 462,478 # Unicafe, Inc. 14,260 198,505 # Unicharm Petcare Corp. 50,000 1,738,352 Unimat Offisco Corp. 79,200 1,070,288 # Valor Co., Ltd. 178,400 2,074,670 Warabeya Nichiyo Co., Ltd. 52,760 719,768 Yaizu Suisankagaku Industry Co., Ltd. 42,100 443,704 # Yaoko Co., Ltd. 67,000 1,787,163 # Yomeishu Seizo Co., Ltd. 102,000 1,017,230 Yonekyu Corp. 92,500 937,316 # Yuasa Funashoku Co., Ltd. 112,000 375,965

8

Yukiguni Maitake Co., Ltd. 77,180 $ 295,995 Yutaka Foods Corp. 6,000 86,363 Total Consumer Staples 152,304,555

Energy — (0.9%) # BP Castrol K.K. 69,800 244,980 # * Fuji Kosan Co., Ltd. 264,000 320,330 Itochu Enex Co., Ltd. 322,400 2,445,302

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Japan Oil Transportation Co., Ltd. 79,000 220,239 # Kanto Natural Gas Development Co., Ltd. 192,000 1,307,271 # Kyoei Tanker Co., Ltd. 115,000 304,539 # Mitsuuroko Co., Ltd. 234,200 1,652,848 # Modec, Inc. 130,400 3,685,470 # Nippon Gas Co., Ltd. 153,000 1,455,502 Nippon Seiro Co., Ltd. 64,000 183,642 Sala Corp. 121,000 598,691 San-Ai Oil Co., Ltd. 241,000 1,145,649 Shinko Plantech Co., Ltd. 159,000 1,793,812 # Sinanen Co., Ltd. 245,000 1,242,268 # Toa Oil Co., Ltd. 369,000 572,742 # Toyo Kanetsu K.K. 478,000 1,256,216 Total Energy 18,429,501

Financials — (6.8%) Azel Corp. 214,000 599,226 # * Bank of the Ryukyus, Ltd. 94,880 2,217,732 # Central Finance Co., Ltd. 319,000 1,697,404 # Century Leasing System, Inc. 180,200 2,524,374 # Cosmo Securities Co., Ltd. 1,357,000 2,568,583 # Credia Co., Ltd. 28,000 143,629 # Daibiru Corp. 301,000 4,273,738 # Daiko Clearing Services Corp. 51,000 587,273 Fukushima Bank, Ltd. 700,000 851,773 Fuyo General Lease Co., Ltd. 108,000 4,238,525 Gro-BeLS Co., Ltd. 177,000 256,324 Higashi-Nippon Bank, Ltd. 643,000 3,210,676 # Ichiyoshi Securities Co., Ltd. 165,000 2,641,747 Keihanshin Real Estate Co., Ltd. 144,000 1,050,313 Kirayaka Holdings, Inc. 98,000 220,085 # Kiyo Holdings, Inc. 2,147,000 3,941,142 # Kobayashi Yoko Co., Ltd. 30,400 314,204 # Kosei Securities Co., Ltd. 295,000 503,598 * Kyushu-Shinwa Holdings, Inc. 1,490,000 2,182,521 # Marusan Securities Co., Ltd. 254,000 3,514,513 Meiwa Estate Co., Ltd. 89,300 1,379,891 # Mito Securities Co., Ltd. 260,000 1,325,331 Mitsubishi UFJ Financial Group, Inc. 1 10,027 Miyazaki Bank, Ltd. 507,000 2,249,770 Nisshin Fudosan Co., Ltd. 75,900 988,084 # Odakyu Real Estate Co., Ltd. 120,000 567,727 Osaka Securities Finance Co., Ltd. 54,000 236,219 # Pocket Card Co., Ltd. 82,000 505,369 Ricoh Leasing Co., Ltd. 103,200 2,711,931 # Sankei Building Co., Ltd. 235,000 2,250,436 # Sanyo Electric Credit Co., Ltd. 130,800 3,572,813

9

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * Seven Seas Holdings Co., Ltd. 194,000 $ 329,010 Shikoku Bank, Ltd. 736,000 2,842,036 # Shimizu Bank, Ltd. 32,900 1,535,537 Shinki Co., Ltd. 217,500 613,751 Shoei Co., Ltd. 34,848 998,680 # Suruga Corp. 126,300 3,061,973 # Tachihi Enterprise Co., Ltd. 42,650 1,806,114 Takagi Securities Co., Ltd. 186,000 826,263 The Aichi Bank, Ltd. 28,700 3,148,857 The Akita Bank, Ltd. 683,000 3,490,298 The Aomori Bank, Ltd. 627,000 2,588,051 The Bank of Ikeda, Ltd. 47,500 2,222,296 The Bank of Iwate, Ltd. 66,500 3,836,875 The Bank of Okinawa, Ltd. 76,500 2,822,672 The Bank of Saga, Ltd. 599,000 2,196,287 * The Chiba Kogyo Bank, Ltd. 174,200 2,419,882 The Chukyo Bank, Ltd. 751,000 2,392,309 The Daisan Bank, Ltd. 637,000 2,157,378 The Daito Bank, Ltd. 376,000 553,533 The Ehime Bank, Ltd. 552,000 1,909,400 The Eighteenth Bank, Ltd. 630,000 2,938,294 The Fukui Bank, Ltd. 820,000 2,720,646 The Hokuetsu Bank, Ltd. 852,000 2,193,123 The Kagawa Bank, Ltd. 276,350 1,743,629 # The Kanto Tsukuba Bank, Ltd. 181,300 1,686,883 The Kita-Nippon Bank, Ltd. 27,906 1,243,019 The Michinoku Bank, Ltd. 538,000 1,896,447 The Minato Bank, Ltd. 1,428,000 3,144,373 The Nagano Bank, Ltd. 288,000 1,054,764 The Oita Bank, Ltd. 503,000 3,624,222 # TOC Co., Ltd. 443,950 2,935,403 Tochigi Bank, Ltd. 396,000 2,233,296 Toho Bank, Ltd. 778,000 3,365,251 Toho Real Estate Co., Ltd. 180,000 1,232,805 Tohoku Bank, Ltd. 281,000 525,925 # Tokushima Bank, Ltd. 258,200 1,794,746 Tokyo Rakutenchi Co., Ltd. 204,000 911,220 # Tokyo Theatres Co., Inc. 248,000 668,881 Tokyu Community Corp. 49,400 1,475,424 Tokyu Livable, Inc. 44,100 3,357,160 Tomato Bank, Ltd. 364,000 801,525 # Tottori Bank, Ltd. 303,000 842,066 # Towa Bank, Ltd. 833,000 1,572,658 # * Towa Real Estate Development Co., Ltd. 371,000 1,999,524 Toyo Securities Co., Ltd. 295,000 1,353,973 Yamagata Bank, Ltd. 599,000 3,186,926 # Yuraku Real Estate Co., Ltd. 200,000 1,166,482 Total Financials 146,754,845

Health Care — (2.7%) Aloka Co., Ltd. 95,000 994,963

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document As One Corp. 64,880 1,805,920 ASKA Pharmaceutical Co., Ltd. 103,000 822,935 Create Medic Co., Ltd. 28,000 291,072 # Eiken Chemical Co., Ltd. 73,000 808,020

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FALCO biosystems, Ltd. 35,200 $ 279,734 # Fuso Pharmaceutical Industries, Ltd. 295,000 870,847 Hitachi Medical Corp. 126,000 1,284,512 # Hogy Medical Co., Ltd. 56,000 2,612,132 Iwaki & Co., Ltd. 55,000 133,150 # Japan Medical Dynamic Marketing, Inc. 44,900 116,163 # Jeol, Ltd. 259,000 1,703,062 JMS Co., Ltd. 108,000 370,665 Kaken Pharmaceutical Co., Ltd. 389,000 3,164,851 Kawamoto Corp. 4,000 19,382 Kawanishi Holdings, Ltd. 7,400 98,087 Kawasumi Laboratories, Inc. 45,000 266,720 # Kissei Pharmaceutical Co., Ltd. 196,000 3,376,904 # KYORIN Co., Ltd. 203,000 2,577,598 Mochida Pharmaceutical Co., Ltd. 430,000 4,134,696 # Nichii Gakkan Co. 124,500 2,240,456 Nihon Kohden Corp. 154,000 3,576,990 # Nikkiso Co., Ltd. 243,000 1,820,479 # * Nippon Chemiphar Co., Ltd. 119,000 647,305 Nippon Shinyaku Co., Ltd. 243,000 2,047,420 # Nipro Corp. 193,000 3,762,754 Nissui Pharmaceutical Co., Ltd. 67,800 542,943 # Paramount Bed Co., Ltd. 109,400 2,151,839 Rion Co., Ltd. 5,000 32,105 Rohto Pharmaceutical Co., Ltd. 373,000 4,264,385 # Seikagaku Corp. 196,500 2,101,052 # SSP Co., Ltd. 414,000 2,402,079 Torii Pharmaceutical Co., Ltd. 98,900 1,668,316 Towa Pharmaceutical Co., Ltd. 57,800 1,834,223 Vital-Net, Inc. 131,300 928,740 # Wakamoto Pharmaceutical Co., Ltd. 102,000 443,091 # Zeria Pharmaceutical Co., Ltd. 153,000 1,383,429 Total Health Care 57,579,019

Industrials — (21.8%) # A&A Material Corp. 235,000 339,590 # Advan Co., Ltd. 91,900 1,180,362 ADVANEX, Inc. 121,000 225,162 Aeon Delight Co., Ltd. 71,400 2,221,657 Aica Kogyo Co., Ltd. 243,000 3,318,049 # Aichi Corp. 267,800 2,498,291 Aida Engineering, Ltd. 273,000 1,911,528 Airport Facilities Co., Ltd. 171,970 1,084,886

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Airtech Japan, Ltd. 26,700 257,981 Alps Logistics Co., Ltd. 53,900 938,949 # * Altech Co., Ltd. 23,000 83,832 # Altech Corp. 31,150 375,067 # Amano Corp. 274,000 3,336,874 Ando Corp. 264,000 534,418 Anest Iwata Corp. 152,000 857,041 * Arai-Gumi, Ltd. 131,150 136,792 # ART Corp. 34,000 1,135,046 # Asahi Diamond Industrial Co., Ltd. 251,000 1,829,850 Asahi Kogyosha Co., Ltd. 101,000 381,766 Asahi Pretec Corp. 122,050 3,050,198

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# Asanuma Corp. 234,000 $ 436,068 Asia Air Survey Co., Ltd. 32,000 105,706 # Asunaro Aoki Construction Co., Ltd. 156,000 1,020,410 Ataka Construction & Engineering Co., Ltd. 60,000 180,011 Bando Chemical Industries, Ltd. 349,000 1,804,262 Biken Techno Corp. 14,100 103,075 Bunka Shutter Co., Ltd. 245,000 1,504,958 Central Glass Co., Ltd. 617,000 4,168,911 Central Security Patrols Co., Ltd. 45,800 460,454 # Chudenko Corp. 220,000 3,728,682 # Chugai Ro Co., Ltd. 308,000 1,246,042 # Chuo Denki Kogyo Co., Ltd. 71,000 386,716 # CKD Corp. 227,000 2,109,621 Commuture Corp. 144,202 1,071,320 # Cosel Co., Ltd. 142,300 2,530,635 CTI Engineering Co., Ltd. 38,200 284,329 Dai-Dan Co., Ltd. 145,000 917,096 Daihen Corp. 471,000 2,746,116 Daiho Corp. 202,000 400,632 Daiichi Chuo Kisen Kaisha 772,000 2,290,595 # Dai-Ichi Jitsugyo Co., Ltd. 177,000 874,713 # Daimei Telecom Engineering Corp. 143,000 1,688,565 Daiseki Co., Ltd. 131,812 2,582,586 # * Daisue Construction Co., Ltd. 316,500 297,177 Daiwa Industries, Ltd. 164,000 1,133,911 Danto Holdings Corp. 92,000 308,726 # Densei-Lambda K.K. 64,284 917,618 Denyo Co., Ltd. 83,000 927,259 DMW Corp. 1,600 73,346 # * Eneserve Corp. 82,100 319,581 Enshu, Ltd. 188,000 490,048 # Freesia Macross Corp. 1,355,000 562,091 # * Fudo Tetra Corp. 619,800 519,851 Fuji Electric Engineering & Construction Co., Ltd. 41,000 63,943 # * Fujisash Co., Ltd. 106,300 130,617

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Fujita Corp. 115,010 433,572 Fujitec Co., Ltd. 312,000 2,133,975 Fukuda Corp. 136,000 512,265 Fukusima Industries Corp. 27,500 298,107 # Fukuyama Transporting Co., Ltd. 959,000 3,876,287 Funai Consulting, Co., Ltd. 102,000 695,956 # Furukawa Co., Ltd. 1,357,000 3,361,063 Furusato Industries, Ltd. 52,000 852,617 Futaba Corp. 163,800 3,898,211 # Gecoss Corp. 116,700 690,898 # GS Yuasa Corp. 1,282,000 2,711,972 # Hakuyosha Co., Ltd. 88,000 254,392 # * Haltec Corp. 62,000 86,102 # Hamai Co., Ltd. 97,000 267,584 Hanwa Co., Ltd. 720,000 3,589,981 # Hazama Corp. 293,600 394,968 Hibiya Engineering, Ltd. 120,000 1,036,958 # Hisaka Works, Ltd. 41,000 757,143 Hitachi Metals Techno, Ltd. 57,500 291,620

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# Hitachi Plant Technologies, Ltd. 681,570 $ 4,101,458 Hitachi Tool Engineering, Ltd. 89,000 1,322,682 Hitachi Transport System, Ltd. 358,000 4,088,802 # * Hitachi Zosen Corp. 2,701,000 4,712,402 Hokuetsu Industries Co., Ltd. 96,000 309,711 Hokuriku Electrical Construction Co., Ltd. 56,000 199,432 # Hosokawa Micron Corp. 136,000 1,147,471 # Howa Machinery, Ltd. 389,000 501,430 IBJ Leasing Co., Ltd. 127,800 3,201,086 # Ichiken Co., Ltd. 105,000 264,505 Ichinen Co., Ltd. 56,000 301,706 # Idec Corp. 128,000 2,071,126 # Iino Kaiun Kaisha, Ltd. 355,000 3,778,297 i-Logistics Corp. 91,000 294,116 # Inaba Denki Sangyo Co., Ltd. 88,300 3,084,748 Inabata and Co., Ltd. 215,000 1,724,322 # * Inoue Kogyo Co., Ltd. 425,000 273,882 # Inui Steamship Co., Ltd. 83,000 582,829 # * Iseki & Co., Ltd. 779,000 1,608,309 # * Ishikawa Seisakusho, Ltd. 154,000 167,158 * Ishikawajima Construction Materials Co., Ltd. 43,000 78,369 Ishikawajima Transport Machinery Co., Ltd. 68,000 317,669 Itoki Crebio Corp. 179,000 1,519,127 Iwasaki Electric Co., Ltd. 238,000 577,861 # Iwatani International Corp. 870,000 2,592,587 # * J Bridge Corp. 186,000 198,960 # Jalux, Inc. 39,100 736,484 # Jamco Corp. 82,000 715,418

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Japan Airport Terminal Co., Ltd. 305,700 4,446,249 # * Japan Bridge Corp. 44,350 133,328 # Japan Cash Machine Co., Ltd. 94,115 983,672 Japan Foundation Engineering Co., Ltd. 95,600 353,234 # Japan Kenzai Co., Ltd. 83,740 524,571 # Japan Pulp and Paper Co., Ltd. 514,000 2,003,478 # * Japan Servo Co., Ltd. 80,000 324,979 Japan Steel Tower Co., Ltd. 44,000 197,733 # Japan Transcity Corp. 217,000 975,110 JFE Shoji Holdings, Inc. 813,000 4,045,110 K.R.S. Corp. 39,200 519,685 # Kamagai Gumi Co., Ltd. 470,800 905,200 Kamei Corp. 121,000 946,321 Kanaden Corp. 108,000 701,024 Kanagawa Chuo Kotsu Co., Ltd. 196,000 936,540 Kanamoto Co., Ltd. 102,000 886,823 # Kandenko Co., Ltd. 150,000 1,028,019 # * Kanematsu Corp. 1,431,625 3,086,984 # * Kanematsu-NNK Corp. 125,000 172,375 # Katakura Industries Co., Ltd. 119,000 2,040,212 Kato Works Co., Ltd. 190,000 920,257 # * Kawada Industries, Inc. 158,000 290,839 * Kawagishi Bridge Works Co., Ltd. 38,000 144,512 Kawasaki Kinkai Kisen Kaisha, Ltd. 100,000 397,897 # * Kimmon Manufacturing Co., Ltd. 180,000 272,765 # Kimura Chemical Plants Co., Ltd. 61,000 335,012 # Kinki Sharyo Co., Ltd. 212,000 900,557

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* Kinsho Corp. 91,000 $ 323,983 Kintetsu World Express, Inc. 120,000 4,242,093 Kioritz Corp. 210,000 637,958 Kitagawa Iron Works Co., Ltd. 306,000 745,445 # Kitano Construction Corp. 237,000 551,290 Kitazawa Sangyo Co., Ltd. 57,000 231,923 Kitz Corp. 406,000 3,673,348 # Koike Sanso Kogyo Co., Ltd. 136,000 789,340 Koito Industries, Ltd. 102,000 371,578 # * Kokusai Kogyo Co., Ltd. 114,000 516,531 # Komai Tekko, Inc. 109,000 279,331 Komatsu Wall Industry Co., Ltd. 33,700 561,054 Kondotec, Inc. 40,500 343,125 Kosaido Co., Ltd. 79,000 471,772 # Kuroda Electric Co., Ltd. 103,100 1,353,214 # Kyodo Printing Co., Ltd. 311,000 1,207,948 # Kyoei Sangyo Co., Ltd. 97,000 337,551 # Kyokuto Boeki Kaisha, Ltd. 82,000 288,493 Kyokuto Kaihatsu Kogyo Co., Ltd. 138,300 1,131,779 Kyosan Electric Manufacturing Co., Ltd. 193,000 733,530

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Kyowa Exeo Corp. 354,000 3,874,087 Kyudenko Corp. 264,000 1,663,391 * Link Consulting Associates - Japan Corp. 24,300 25,429 # * Lonseal Corp. 127,000 183,036 # Maeda Corp. 641,000 2,331,643 Maeda Road Construction Co., Ltd. 322,000 2,538,079 Maezawa Industries, Inc. 59,300 282,711 # Maezawa Kaisei Industries Co., Ltd. 48,200 723,838 Makino Milling Machine Co., Ltd. 345,000 4,397,389 Marubeni Construction Material Lease Co., Ltd. 78,000 177,810 * Maruka Machinery Co., Ltd. 28,100 358,412 Maruwn Corp. 66,000 216,642 # Maruyama Manufacturing Co., Inc. 150,000 366,570 Maruzen Showa Unyu Co., Ltd. 312,000 1,124,464 # Matsuda Sangyo Co., Ltd. 82,300 2,068,496 Matsui Construction Co., Ltd. 98,600 475,541 # * Matsuo Bridge Co., Ltd. 72,000 86,639 # Max Co., Ltd. 188,000 2,829,467 # Meidensha Corp. 785,050 2,529,297 # * Meiji Machine Co., Ltd. 213,000 158,369 # Meiji Shipping Co., Ltd. 109,000 369,910 Meisei Industrial Co., Ltd. 29,000 126,162 # Meitec Corp. 138,800 4,471,573 Meito Transportation Co., Ltd. 22,000 170,254 # * Meiwa Trading Co., Ltd. 119,000 371,348 # Mirai Group Co., Ltd. 100,000 113,503 Mitani Corp. 52,900 655,951 # Mitsubishi Cable Industries, Ltd. 681,000 1,088,115 # Mitsubishi Kakoki Kaisha, Ltd. 243,000 776,970 # Mitsubishi Pencil Co., Ltd. 116,500 1,952,630 Mitsuboshi Belting, Ltd. 266,000 1,777,978 # Mitsui Matsushima Co., Ltd. 246,000 363,489 Mitsui-Soko Co., Ltd. 487,000 3,208,395 Mitsumura Printing Co., Ltd. 95,000 375,609 Miura Co., Ltd. 144,800 3,750,874

14

Miura Printing Corp. 19,000 $ 51,543 # * Miyaji Engineering Group 203,000 259,830 # * Miyakoshi Corp. 31,100 545,521 * Mori Denki Mfg. Co., Ltd. 628,000 111,518 Morita Corp. 144,000 834,817 Moshi Moshi Hotline, Inc. 59,350 2,744,993 Mystar Engineering Corp. 15,600 85,448 NAC Co., Ltd. 28,900 475,766 # Nachi-Fujikoshi Corp. 604,000 3,028,509 Naikai Zosen Corp. 58,000 287,385 Nakano Corp. 103,000 193,703 Narasaki Sangyo Co., Ltd. 68,000 106,564

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document NEC Leasing, Ltd. 72,600 1,502,213 # NEC System Integration & Construction, Ltd. 172,100 2,174,590 New Tachikawa Aircraft Co., Ltd. 10,100 215,560 Nichias Corp. 435,000 3,744,216 Nichiban Co., Ltd. 125,000 492,516 # Nichiha Corp. 117,680 1,641,579 # Nihon Spindle Manufacturing Co., Ltd. 115,000 318,434 Nikko Co., Ltd. 127,000 372,803 # Nippei Toyama Corp. 173,000 2,005,947 Nippo Corp. 400,000 3,101,914 # Nippon Carbon Co., Ltd. 387,000 1,470,410 # * Nippon Conveyor Co., Ltd. 168,000 163,206 Nippon Densetsu Kogyo Co., Ltd. 225,000 1,624,119 Nippon Denwa Shisetu Co., Ltd. 208,000 791,001 * Nippon Filcon Co., Ltd. 67,000 627,579 # Nippon Hume Corp. 91,000 329,145 Nippon Jogesuido Sekkei Co., Ltd. 289 299,142 # Nippon Kanzai Co., Ltd. 71,000 1,932,060 # Nippon Koei Co., Ltd., Tokyo 279,000 846,054 Nippon Konpo Unyu Soko Co., Ltd. 259,000 3,618,082 # Nippon Parking Development Co., Ltd. 10,609 731,774 Nippon Seisen Co., Ltd. 84,000 489,206 # Nippon Sharyo, Ltd. 506,000 1,388,774 Nippon Shindo Co., Ltd. 50,000 125,079 Nippon Signal Co., Ltd. 202,000 1,449,186 Nippon Steel Trading Co., Ltd. 399,000 1,293,146 Nippon Thompson Co., Ltd. 252,000 2,328,604 # Nippon Tungsten Co., Ltd. 82,000 240,176 # Nippon Yusoki Co., Ltd. 126,000 747,247 # Nishimatsu Construction Co., Ltd. 946,000 3,054,478 Nishishiba Electric Co., Ltd. 73,000 135,989 # * Nissan Diesel Motor Co., Ltd. 1,167,000 5,233,407 # Nissei Corp. 102,400 1,318,880 Nissei Plastic Industrial Co., Ltd. 68,000 441,075 Nissin Corp. 325,000 1,168,586 # Nissin Electric Co., Ltd. 370,000 1,478,425 Nitchitsu Co., Ltd. 60,000 210,042 Nitta Corp. 99,800 2,131,941 Nitto Boseki Co., Ltd. 841,000 3,060,693 Nitto Electric Works, Ltd. 154,800 2,477,566 Nitto Kohki Co., Ltd. 78,300 1,824,944 Nitto Seiko Co., Ltd. 129,000 924,712 # * Nittoc Construction Co., Ltd. 156,000 149,269

15

Noda Corp. 33,800 $ 150,477 # Nomura Co., Ltd. 193,000 1,041,886 # Noritz Corp. 177,100 3,385,052 # * Oak Capital Corp. 649,354 461,347

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Obayashi Road Corp. 106,000 206,251 Odakyu Construction Co., Ltd. 63,500 184,029 * Ohmori Co., Ltd. 95,400 27,385 Oiles Corp. 101,952 2,232,295 Okabe Co., Ltd. 174,000 876,968 # Okamoto Machine Tool Works, Ltd. 146,000 703,774 Okamura Corp. 389,000 4,264,504 # * Okano Valve Manufacturing Co. 43,000 212,919 # Oki Electric Cable Co., Ltd. 117,000 285,628 OKK Corp. 233,000 920,197 # Okumura Corp. 724,000 3,965,340 # O-M, Ltd. 107,000 624,851 Onoken Co., Ltd. 66,800 957,162 # Organo Corp. 189,000 2,653,543 # Oriental Construction Co., Ltd. 65,900 242,650 Original Engineering Consultants Co., Ltd. 9,000 31,381 Oyo Corp. 100,400 1,131,216 P.S. Mitsubishi Construction Co., Ltd. 76,800 274,598 * Pasco Corp. 242,500 447,733 # Pasona, Inc. 1,438 3,032,862 Patlite Corp. 64,880 608,202 # * Penta-Ocean Construction Co., Ltd. 1,666,000 2,141,319 # * PIA Corp. 29,500 447,697 # Pilot Corp. 156 1,250,976 # PRONEXUS, Inc. 124,000 1,227,295 # Raito Kogyo Co., Ltd. 178,900 577,542 # Rasa Industries, Ltd. 251,000 885,916 Rheon Automatic Machinery Co., Ltd. 64,000 225,218 Riken Electric Wire Co., Ltd. 39,000 71,512 Ryobi, Ltd. 519,000 4,163,320 # * Saeki Kensetsu Kogyo Co., Ltd. 211,000 157,004 * Sailor Pen Co., Ltd. 127,000 170,070 # Sakai Heavy Industries, Ltd. 126,000 290,390 # * Sakurada Co., Ltd. 225,000 95,100 # * Sanix, Inc. 127,300 218,369 # Sanki Engineering Co., Ltd. 249,000 1,596,716 Sanko Metal Industrial Co., Ltd. 118,000 268,618 Sankyo-Tateyama Holdings, Inc. 1,094,000 2,374,761 Sanritsu Corp. 17,800 172,524 Sanyo Denki Co., Ltd. 204,000 1,556,100 Sanyo Engineering & Construction, Inc. 48,000 235,615 Sanyo Industries, Ltd., Tokyo 102,000 264,497 # Sasebo Heavy Industries Co., Ltd., Tokyo 538,000 2,048,886 # * Sata Construction Co., Ltd. 234,000 207,776 # Sato Corp. 107,200 2,161,837 Sato Shoji Corp. 67,000 647,446 Sawafuji Electric Co., Ltd. 48,000 136,541 Secom Joshinetsu Co., Ltd. 34,800 799,887 Secom Techno Service Co., Ltd. 44,500 1,906,119 Seibu Electric Industry Co., Ltd. 67,000 351,970 # Seika Corp. 274,000 1,007,507

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * Seikitokyu Kogyo Co., Ltd. 335,000 266,480

16

Sekisui Jushi Co., Ltd. 153,000 $ 1,203,054 Senko Co., Ltd. 348,000 1,181,096 # Senshu Electric Co., Ltd. 33,300 833,495 # Shibaura Mechatronics Corp. 163,000 793,271 Shibusawa Warehouse Co., Ltd. 241,000 1,104,754 Shibuya Kogyo Co., Ltd. 84,500 688,977 # Shima Seiki Manufacturing Co., Ltd. 130,300 3,405,510 Shin Nippon Air Technologies Co., Ltd. 76,080 600,536 # Shin-Keisei Electric Railway Co., Ltd. 178,000 631,609 # Shinko Electric Co., Ltd. 490,000 1,827,147 # Shin-Kobe Electric Machinery Co., Ltd. 161,000 825,480 Shinmaywa Industries, Ltd. 413,000 2,131,590 # Shinnihon Corp. 198,400 1,085,708 Shinsho Corp. 271,000 911,027 # Shinwa Kaiun Kaisha, Ltd. 514,000 2,595,721 Shiraishi Corp. 25,000 26,751 # Sho-Bond Corp. 92,900 999,402 # Shoko Co., Ltd. 324,000 559,876 # Showa Aircraft Industry Co., Ltd. 114,000 1,704,484 # Showa KDE Co., Ltd. 124,000 232,087 Sintokogio, Ltd. 197,000 2,823,060 Soda Nikka Co., Ltd. 67,000 290,238 # Sodick Co., Ltd. 175,000 1,294,577 # Space Co., Ltd. 75,320 696,043 Subaru Enterprise Co., Ltd. 59,000 191,583 Sugimoto & Co., Ltd. 35,000 562,331 # * Sumitomo Coal Mining Co., Ltd. 670,500 761,364 Sumitomo Densetsu Co., Ltd. 107,400 363,693 # * Sumitomo Mitsui Construction Co., Ltd. 363,560 824,231 # Sumitomo Precision Products Co., Ltd. 166,000 934,710 Sumitomo Warehouse Co., Ltd. 130,000 1,026,033 Sun Wave Corp. 155,000 440,850 Suzuki Metal Industry Co., Ltd. 71,000 218,090 # SWCC Showa Holdings Co., Ltd. 720,000 1,005,251 Tadano, Ltd. 150,000 1,772,702 Taihei Dengyo Kaisha, Ltd. 142,000 1,117,921 # Taihei Kogyo Co., Ltd. 249,000 1,366,883 # * Taiheiyo Kaiun Co., Ltd. 167,000 228,161 # * Taiheiyo Kouhatsu, Inc. 198,000 222,342 # Taiho Kogyo Co., Ltd. 89,500 1,286,783 # Taikisha, Ltd. 129,000 1,466,043 # Taisei Rotec Corp. 271,000 512,104 # Takada Kiko Co., Ltd. 44,000 184,681 Takano Co., Ltd. 47,000 561,609 # Takaoka Electric Manufacturing Co., Ltd. 320,000 650,223 # Takara Printing Co., Ltd. 39,055 357,012

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Takara Standard Co., Ltd. 515,000 2,968,928 # Takasago Thermal Engineering Co., Ltd. 289,000 2,602,620 # Takashima & Co., Ltd. 137,000 305,791 Takigami Steel Construction Co., Ltd. 50,000 241,329 Takisawa Machine Tool Co., Ltd. 191,000 503,576 # Takuma Co., Ltd. 294,000 1,987,584 Tanseisha Co., Ltd. 74,000 335,104 # Tatsuta Electric Wire & Cable Co., Ltd. 220,000 669,838 TCM Corp. 339,000 1,082,139

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Techno Associe Co., Ltd. 59,900 $ 693,097 Techno Ryowa, Ltd. 66,600 505,929 Teikoku Electric Manufacturing Co., Ltd. 27,300 522,136 # * Tekken Corp. 478,000 590,523 Teraoka Seisakusho Co., Ltd. 55,000 447,728 # The Keihin Co., Ltd. 204,000 469,591 The Kodensha Co., Ltd. 25,000 77,538 # The Nippon Road Co., Ltd. 299,000 578,813 The Yasuda Warehouse Co., Ltd. 94,000 1,021,476 * Toa Corp. 723,000 770,587 # Toa Doro Kogyo Co., Ltd. 155,000 298,477 # * Tobishima Corp. 1,231,500 876,216 # Tocalo Co., Ltd. 53,000 1,464,991 Todentu Corp. 121,000 396,839 Toenec Corp. 240,000 1,012,014 Tokai Lease Co., Ltd. 86,000 187,242 Tokimec, Inc. 272,000 699,304 Toko Electric Corp. 88,000 362,899 Tokyo Biso Kogyo Corp. 19,000 129,153 Tokyo Energy & Systems, Inc. 115,000 1,111,628 # Tokyo Kikai Seisakusho, Ltd. 281,000 912,171 # Tokyo Leasing Co., Ltd. 223,800 3,591,760 Tokyo Sangyo Co., Ltd. 78,000 311,543 # Tokyu Construction Co., Ltd. 332,800 2,364,564 Toli Corp. 203,000 588,003 # Tomoe Corp. 115,500 423,741 # Tonami Transportation Co., Ltd. 301,000 815,750 # Tori Holdings Co., Ltd. 2,969,000 754,629 # Torishima Pump Manufacturing Co., Ltd. 96,000 904,603 Toshiba Plant Kensetsu Co., Ltd. 337,000 2,556,507 # Tosho Printing Co., Ltd. 208,000 691,131 # Totetsu Kogyo Co., Ltd. 111,000 784,942 # * Toyo Construction Co., Ltd. 919,000 801,352 # Toyo Electric Co., Ltd. 143,000 589,072 # Toyo Engineering Corp. 622,000 3,234,369 # Toyo Machinery & Metal Co., Ltd. 61,000 377,518 Toyo Shutter Co., Ltd. 11,800 144,189 # Toyo Wharf & Warehouse Co., Ltd. 249,000 527,035

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Trusco Nakayama Corp. 114,100 2,306,127 Tsubakimoto Chain Co. 609,000 3,807,066 Tsubakimoto Kogyo Co., Ltd. 97,000 377,010 # Tsudakoma Corp. 204,000 546,501 # Tsugami Corp. 272,000 1,552,221 # Tsukishima Kikai Co., Ltd. 152,000 1,575,807 Tsurumi Manufacturing Co., Ltd. 89,000 888,139 Tsuzuki Denki Co., Ltd. 75,000 253,925 TTK Co., Ltd. 62,000 367,092 Uchida Yoko Co., Ltd. 175,000 832,635 Ueki Corp. 47,000 82,885 UFJ Central Leasing Co., Ltd. 69,000 3,302,325 # Union Tool Co. 76,600 3,137,481 # Utoc Corp. 88,000 575,028 # * Venture Link Co., Ltd. 405,500 857,959 # * Wakachiku Construction Co., Ltd. 395,000 413,980 Wavelock Holdings Co., Ltd. 31,500 189,920

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Weathernews, Inc. 20,000 $ 93,331 Yahagi Construction Co., Ltd. 135,000 647,578 Yamato Corp. 82,000 320,885 Yamaura Corp. 40,500 116,607 Yamazen Co., Ltd. 315,000 2,301,537 # Yokogawa Bridge Corp. 142,400 804,375 Yondenko Corp. 124,800 677,400 # Yuasa Trading Co., Ltd. 751,000 1,415,601 # Yuken Kogyo Co., Ltd. 135,000 541,439 Yurtec Corp. 263,000 1,390,372 Yushin Precision Equipment Co., Ltd. 49,940 850,828 Total Industrials 467,205,211

Information Technology — (9.2%) Aichi Tokei Denki Co., Ltd. 113,000 334,614 Aiphone Co., Ltd. 67,000 1,314,121 # * Allied Telesis Holdings K.K. 279,600 257,775 # Alpha Systems, Inc. 40,100 1,190,749 # Anritsu Corp. 431,000 2,048,701 # AOI Electronics Co., Ltd. 38,400 797,618 * Apic Yamada Corp. 36,000 224,777 Argo 21 Corp. 35,200 298,360 # Arisawa Manufacturing Co., Ltd. 139,400 1,464,449 # CAC Corp. 70,900 609,129 Canon Electronics, Inc. 70,000 2,276,986 Canon Finetech, Inc. 146,070 2,790,079 # Capcom Co., Ltd. 204,900 2,934,391 # Chino Corp. 143,000 465,058 # CMK Corp. 216,000 2,614,421 Computer Engineering & Consulting, Ltd. 57,100 664,060

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Core Corp. 45,700 384,220 Cresco, Ltd. 11,600 113,686 Daiko Denshi Tsushin, Ltd. 23,000 53,887 # Daiwabo Information System Co., Ltd. 62,000 850,530 # Denki Kogyo Co., Ltd. 243,000 2,147,994 DKK TOA Corp. 31,000 82,512 # Dodwell B.M.S., Ltd. 148,900 749,190 DTS Corp. 43,600 1,551,196 # eAccess, Ltd. 4,747 3,152,823 Eizo Nanao Corp. 77,600 2,559,580 * Elna Co., Ltd. 97,000 172,180 # Enplas Corp. 67,800 1,104,375 # Epson Toyocom Corp. 437,000 3,158,451 ESPEC Corp. 74,000 931,785 # * FDK Corp. 386,000 548,540 Fuji Soft, Inc. 127,000 3,774,074 * Fujitsu Access, Ltd. 82,300 377,811 # * Fujitsu Component, Ltd. 177 276,010 Fujitsu Devices, Inc. 78,000 1,062,717 # Fujitsu Fronttec, Ltd. 75,000 629,564 Fuso Dentsu Co., Ltd. 16,000 61,305 # Future System Consulting Corp. 1,504 1,122,696 # GMO Internet, Inc. 197,000 1,597,358 Graphtec Corp. 39,000 59,843 Hakuto Co., Ltd. 75,600 1,165,765

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Hitachi Business Solution Co., Ltd. 43,200 $ 263,135 Hitachi Information Systems, Ltd. 150,600 3,321,620 Hitachi Kokusai Electric, Inc. 319,000 3,686,904 Hitachi Software Engineering Co., Ltd. 194,800 4,038,463 Hitachi Systems & Services, Ltd. 86,000 1,812,498 # Hochiki Corp. 88,000 473,872 # Hokuriku Electric Industry Co., Ltd. 286,000 629,329 Horiba, Ltd. 50,000 1,686,280 Hosiden Corp. 246,600 3,529,429 Icom, Inc. 51,000 1,399,723 # * Ikegami Tsushinki Co., Ltd. 174,000 257,304 Ines Corp. 166,300 1,070,470 I-Net Corp. 47,800 353,966 # Information Services International-Dentsu, Ltd. 101,000 1,055,496 INTEC Holdings, Ltd. 180,128 2,408,863 Invoice, Inc. 36,923 1,856,589 Ishii Hyoki Co., Ltd. 24,300 480,341 # * Iwatsu Electric Co., Ltd. 311,000 444,297 Japan Aviation Electronics Industry, Ltd. 213,000 2,651,489 Japan Business Computer Co., Ltd. 68,900 729,709 Japan Digital Laboratory Co., Ltd. 109,200 1,738,046 * Japan Radio Co., Ltd. 446,000 1,378,883

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Jastec Co., Ltd. 54,600 525,181 JBIS Holdings, Inc. 47,400 186,313 JIEC Co., Ltd. 199 193,956 Kaga Electronics Co., Ltd. 96,300 1,722,952 # Kanematsu Electronics, Ltd. 85,300 647,284 # * Kasuga Electric Works, Ltd. 44,000 47,086 Kawatetsu Systems, Inc. 174 190,328 # Koa Corp. 147,400 2,156,351 # Koei Co., Ltd. 233,700 3,950,705 # * Kubotek Corp. 285 81,983 Kyoden Co., Ltd. 160,000 612,398 Kyowa Electronic Instruments Co., Ltd. 52,000 169,856 Macnica, Inc. 62,500 1,844,474 Marubeni Infotec Corp. 21,000 50,698 Marubun Corp. 90,700 1,247,431 Maruwa Co., Ltd. 34,000 685,319 # Maspro Denkoh Corp. 62,600 526,284 # Megachips Corp. 89,600 1,808,975 # * Meisei Electric Co., Ltd. 318,000 269,276 # Melco Holdings, Inc. 9,000 231,010 # Mimasu Semiconductor Industry Co., Ltd. 107,581 2,281,089 # Miroku Jyoho Service Co., Ltd. 107,000 313,456 # Mitsui High-Tec, Inc. 138,300 1,800,201 Mitsui Knowledge Industry Co., Ltd. 37,300 590,870 Mitsumi Electric Co., Ltd. 188,000 6,206,013 Moritex Corp. 35,100 205,796 * Mutoh Industries, Ltd. 164,000 387,705 # * Nagano Japan Radio Co., Ltd. 85,000 150,657 Nakayo Telecommunications, Inc. 49,000 162,099 NEC Fielding, Ltd. 188,600 2,476,987 NEC Mobiling, Ltd. 46,000 870,721 # * NEC Tokin Corp. 392,000 1,598,964 # Net One Systems Co., Ltd. 1,869 2,211,699

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# * Netmarks, Inc. 523 $ 351,536 # New Japan Radio Co., Ltd. 112,000 669,028 # NextCom K.K. 1,000 324,560 # Nichicon Corp. 272,300 3,673,303 # Nihon Dempa Kogyo Co., Ltd. 69,900 3,425,739 Nihon Inter Electronics Corp. 94,700 541,652 Nippon Avionics Co., Ltd. 83,000 314,399 Nippon Ceramic Co., Ltd. 83,000 1,130,857 Nippon Chemi-Con Corp. 431,000 3,814,590 Nippon Systemware Co., Ltd. 30,000 167,505 # Nissho Electronics Corp. 81,600 606,191 # NIWS Co. HQ, Ltd. 2,210 714,239 Nohmi Bosai, Ltd. 191,000 1,265,908 NSD Co., Ltd. 178,600 2,754,629

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Okaya Electric Industries Co., Ltd. 62,000 334,274 Ono Sokki Co., Ltd. 93,000 707,692 Origin Electric Co., Ltd. 107,000 716,928 # Osaki Electric Co., Ltd. 131,000 1,322,865 PCA Corp. 17,500 244,668 # * Pixela Corp. 33,000 248,050 * Pulstec Industrial Co., Ltd. 21,200 46,364 Ricoh Elemex Corp. 75,000 558,238 Rikei Corp. 22,500 59,028 Riken Keiki Co., Ltd. 71,400 576,287 # Roland DG Corp. 61,400 2,138,581 # Ryoden Trading Co., Ltd. 155,000 1,286,665 Ryosan Co., Ltd. 128,300 3,292,397 Ryoyo Electro Corp. 110,900 1,431,908 Sanken Electric Co., Ltd. 80,000 837,798 Sanko Co., Ltd. 22,000 114,343 Sanshin Electronics Co., Ltd. 106,000 1,330,447 Satori Electric Co., Ltd. 57,880 932,478 Sekonic Corp. 36,000 94,231 Shindengen Electric Manufacturing Co., Ltd. 281,000 1,252,661 Shinkawa, Ltd. 63,900 1,472,993 Shinko Shoji Co., Ltd. 78,000 1,525,994 Shizuki Electric Co., Inc. 88,000 290,514 # Siix Corp. 38,700 569,380 SMK Corp. 272,000 1,751,642 Sokkisha Co., Ltd. 107,000 490,699 Sorun Corp. 95,100 823,237 * SPC Electronics Corp. 48,200 131,387 SRA Holdings 41,000 649,635 Star Micronics Co., Ltd. 177,400 3,813,487 # Sumida Corp. 63,549 1,134,595 # Sumisho Computer Systems Corp. 160,100 3,360,335 # Suntelephone Co., Ltd. 58,000 538,335 # SUNX, Ltd. 109,500 913,253 Tachibana Eletech Co., Ltd. 64,100 649,710 # Tamura Corp. 244,000 1,101,495 # Tamura Taiko Holdings, Inc. 194,000 602,114 # * Teac Corp. 584,000 677,191 Teikoku Tsushin Kogyo Co., Ltd. 156,000 754,898 # TIS, Inc. 153,200 3,629,025 TKC Corp. 103,300 1,802,832

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# Toko, Inc. 309,000 $ 1,180,152 # Tokyo Denpa Co., Ltd. 24,900 326,949 Tokyo Electron Device, Ltd. 321 574,014 # Tomen Electronics Corp. 51,900 872,117 Tose Co., Ltd. 23,100 328,241 * Totoku Electric Co., Ltd., Tokyo 129,000 243,387

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Toukei Computer Co., Ltd. 28,410 364,423 # Towa Corp. 74,800 467,921 # * Towa Meccs Corp. 127,000 79,389 # Toyo Corp. 113,600 1,505,237 # Trans Cosmos, Inc. 167,900 3,412,934 Trinity Industrial Corp. 56,000 474,497 Tsuzuki Densan Co., Ltd. 22,500 109,976 Uniden Corp. 206,000 1,590,229 # * Union Holdings Co., Ltd. 105,000 133,178 Yamaichi Electronics Co., Ltd. 64,400 492,958 Yaskawa Information Systems Corp. 40,000 164,197 Ye Data, Inc. 43,000 121,201 Yokowo Co., Ltd. 64,200 678,692 Zuken, Inc. 88,400 819,567 Total Information Technology 197,546,252

Materials — (8.4%) Achilles Corp. 633,000 1,109,847 Adeka Corp. 338,000 3,894,841 Agro-Kanesho Co., Ltd. 7,000 54,378 Arakawa Chemical Industries, Ltd. 64,600 803,394 Aronkasei Co., Ltd. 107,000 544,771 Asahi Organic Chemicals Industry Co., Ltd. 317,000 1,340,921 Chuetsu Pulp and Paper Co., Ltd. 358,000 773,784 Chugai Mining Co., Ltd. 729,000 658,563 # Chugoku Marine Paints, Ltd. 223,000 2,021,721 # Chugokukogyo Co., Ltd. 105,000 157,611 * Co-Op Chemical Co., Ltd. 163,000 200,423 # Dai Nippon Toryo, Ltd. 458,000 818,558 Daiichi Kigenso Kagaku-Kyogyo Co., Ltd. 14,300 484,003 Dai-ichi Kogyo Seiyaku Co., Ltd. 121,000 332,899 Daiken Corp. 450,000 1,524,974 # Daiki Aluminium Industry Co., Ltd. 148,000 1,012,527 Dainichiseika Colour & Chemicals Manufacturing Co., Ltd. 320,000 1,843,355 # Daio Paper Corp. 446,000 3,563,797 # Daiso Co., Ltd. 352,000 1,207,072 DC Co., Ltd. 101,000 546,144 Dijet Industrial Co., Ltd. 81,000 196,259 Dynapac Co., Ltd. 25,000 89,144 # FP Corp. 74,600 2,615,804 Fujikura Kasei Co., Ltd. 90,000 916,977 Fumakilla, Ltd. 59,000 173,851 Geostar Corp. 43,000 89,970 # Godo Steel, Ltd. 537,000 2,861,017 # Gun-Ei Chemical Industry Co., Ltd. 285,000 829,131 Harima Chemicals, Inc. 80,000 549,463 Hodogaya Chemical Co., Ltd. 261,000 896,324 Hokkan Holdings, Ltd. 215,000 689,087 Hokko Chemical Industry Co., Ltd. 90,000 314,289

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Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Hokuetsu Paper Mills, Ltd. 513,000 $ 2,634,530 # Hokushin Co., Ltd. 64,000 132,262 Honshu Chemical Industry Co., Ltd. 35,000 322,504 Ihara Chemical Industry Co., Ltd. 155,000 450,905 # ISE Chemicals Corp. 81,000 927,446 # * Ishihara Sangyo Kaisha, Ltd. 1,289,500 2,363,047 # Ishii Iron Works Co., Ltd. 110,000 242,758 # Japan Carlit Co., Ltd. 59,800 414,101 JSP Corp. 109,600 1,342,194 # Kanto Denka Kogyo Co., Ltd. 183,000 1,045,635 Kasei (C.I.) Co., Ltd. 119,000 414,292 # Katakura Chikkarin Co., Ltd. 43,000 130,099 Kawasaki Kasei Chemicals, Ltd. 121,000 208,009 # * Kishu Paper Co., Ltd. 267,000 612,431 Koatsu Gas Kogyo Co., Ltd. 176,000 1,180,326 # Kohsoku Corp. 64,500 378,897 Konishi Co., Ltd. 62,700 595,534 Kumiai Chemical Industry Co., Ltd. 263,000 585,960 Kureha Corp. 660,000 3,314,031 # Kurimoto, Ltd. 458,000 1,231,949 # Kurosaki Harima Corp. 277,000 1,396,050 # MEC Co., Ltd. 62,800 630,838 Mesco, Inc. 30,000 165,906 # Mitsubishi Paper Mills, Ltd. 1,124,000 2,084,984 Mitsubishi Shindoh Co., Ltd. 179,000 645,174 # Mitsubishi Steel Manufacturing Co., Ltd. 506,000 2,661,336 # * Mitsui Mining Co., Ltd. 738,000 1,342,020 Mory Industries, Inc. 135,000 677,162 # Nakabayashi Co., Ltd. 185,000 405,375 # Nakayama Steel Works, Ltd. 427,000 1,641,221 # Neturen Co., Ltd., Tokyo 149,000 1,660,089 Nichia Steel Works, Ltd. 157,900 678,474 Nichireki Co., Ltd. 96,000 338,311 Nifco, Inc. 171,000 4,414,398 Nihon Kagaku Sangyo Co., Ltd. 81,000 659,812 Nihon Matai Co., Ltd. 111,000 245,760 # Nihon Nohyaku Co., Ltd. 224,000 848,389 Nihon Parkerizing Co., Ltd. 225,000 3,776,384 Nihon Seiko Co., Ltd. 18,000 61,083 * Nippon Carbide Industries Co., Inc. 201,000 422,286 Nippon Chemical Industrial Co., Ltd. 288,000 877,022 # Nippon Chutetsukan K.K. 97,000 196,120 * Nippon Chuzo K.K. 99,000 229,413 # Nippon Concrete Industries Co., Ltd. 157,000 449,039 # Nippon Denko Co., Ltd. 352,000 1,584,879 Nippon Fine Chemical Co., Ltd. 82,000 586,421 Nippon Foil Mfg., Co., Ltd. 51,000 84,681 # Nippon Kasei Chemical Co., Ltd. 318,000 673,574 # Nippon Kinzoku Co., Ltd. 200,000 831,040

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Nippon Koshuha Steel Co., Ltd. 449,000 1,029,833 # Nippon Metal Industry Co., Ltd. 608,000 2,758,136 Nippon Paint Co., Ltd. 798,000 4,472,616 Nippon Pigment Co., Ltd. 43,000 151,964 Nippon Pillar Packing Co., Ltd. 76,000 726,819 Nippon Soda Co., Ltd. 519,000 2,398,886

23

# Nippon Valqua Industries, Ltd. 294,000 $ 1,130,918 # Nippon Yakin Kogyo Co., Ltd. 406,000 3,748,757 Nittetsu Mining Co., Ltd. 288,000 2,382,188 Nitto FC Co., Ltd. 72,000 417,823 NOF Corp. 695,000 3,541,201 # Okamoto Industries, Inc. 386,000 1,353,413 # Okura Industrial Co., Ltd. 192,000 700,824 * Osaka Organic Chemical Industry, Ltd. 67,700 407,792 Osaka Steel Co., Ltd. 146,100 2,793,341 Riken Technos Corp. 202,000 718,441 # * S Science Co., Ltd. 3,265,000 689,900 # S.T. Chemical Co., Ltd. 94,700 1,251,707 Sakai Chemical Industry Co., Ltd. 364,000 2,604,718 Sakata INX Corp. 198,000 1,057,836 # Sanyo Chemical Industries, Ltd. 410,000 2,810,223 # Sanyo Special Steel Co., Ltd. 563,000 3,956,016 Sekisui Plastics Co., Ltd. 324,000 1,181,198 Shikoku Chemicals Corp. 190,000 1,134,927 Shinagawa Refractories Co., Ltd. 203,000 887,931 # Shin-Etsu Polymer Co., Ltd. 286,100 3,486,008 Shinko Wire Co., Ltd. 157,000 279,332 Showa Tansan Co., Ltd. 49,000 175,044 Somar Corp. 43,000 170,625 # Stella Chemifa Corp. 39,600 1,283,310 # Sumitomo Light Metal Industries, Ltd. 1,239,000 3,050,935 Sumitomo Osaka Cement Co., Ltd. 215,000 643,840 Sumitomo Pipe & Tube Co., Ltd. 100,000 725,630 Sumitomo Seika Chemicals Co., Ltd. 222,000 1,260,056 # Taisei Lamick Co., Ltd. 18,900 484,381 Takasago International Corp. 348,000 1,857,889 Takiron Co., Ltd. 249,000 873,081 Tayca Corp. 154,000 438,936 The Nippon Synthetic Chemical Industry Co., Ltd. 326,000 1,494,390 The Pack Corp. 61,800 1,142,906 # * Titan Kogyo Kabushiki Kaisha 59,000 98,151 Toagosei Co., Ltd. 921,000 3,820,505 Toda Kogyo Corp. 146,000 620,732 Tohcello Co., Ltd. 119,000 1,415,169 # * Toho Rayon Co., Ltd. 495,000 2,659,415 # Toho Zinc Co., Ltd. 436,000 3,930,694 * Tohpe Corp. 36,000 46,635

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Tokai Carbon Co., Ltd. 651,360 5,343,210 Tokai Pulp & Paper Co., Ltd. 198,000 624,435 Tokushu Paper Manufacturing Co., Ltd. 146,000 763,444 Tokyo Rope Manufacturing Co., Ltd. 526,000 1,011,496 Tokyo Tekko Co., Ltd. 152,000 1,191,747 Tomoegawa Paper Co., Ltd. 125,000 398,356 Tomoku Co., Ltd. 302,000 672,020 Topy Industries, Ltd. 768,000 3,080,318 # Toyo Kohan Co., Ltd. 335,000 1,345,172 TYK Corp. 145,000 377,376 Ube Material Industries, Ltd. 250,000 925,628 # Wood One Co., Ltd. 159,000 1,346,475 Yamamura Glass Co., Ltd. 369,000 1,106,795 Yodogawa Steel Works, Ltd. 640,000 3,936,139

24

Yuki Gosei Kogyo Co., Ltd. 49,000 $ 148,195 # Yushiro Chemical Industry Co., Ltd. 48,000 1,020,006 Total Materials 179,464,934

Other — (0.0%) * Fujii & Co., Ltd. 44,000 373 * Gajoen Kanko 37,000 0 * Kakuei (L.) Corp. 100,000 849 * Maruishi Holdings Co., Ltd. 214,000 1,816 * New Real Property KK 43,900 0 * Nichiboshin, Ltd. 1,190 1,010 Total Other 4,048

Telecommunication Services — (0.1%) JSAT Corp. 1,049 2,423,646

Utilities — (0.5%) Hokkaido Gas Co., Ltd. 215,000 550,612 Hokuriku Gas Co., Ltd. 99,000 310,965 Okinawa Electric Power Co., Ltd. 61,171 3,817,488 # Saibu Gas Co., Ltd. 1,296,000 3,112,532 # Shizuoka Gas Co., Ltd. 250,000 1,773,487 Tokai Corp. 240,000 917,727 Total Utilities 10,482,811

TOTAL COMMON STOCKS 1,570,630,380

RIGHTS/WARRANTS — (0.0%) * Showa Rubber Co., Ltd. Warrants 01/01/10 16,520 0

Face Amount Value†

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document (000) TEMPORARY CASH INVESTMENTS — (0.2%) Repurchase Agreement, PNC Capital Markets, Inc. 5.19%, 04/02/07 (Collateralized by $3,185,000 FNMA 5.50%, 02/01/37, valued at $3,140,338) to be repurchased at $3,094,338 $ 3,093 3,093,000

SECURITIES LENDING COLLATERAL — (26.5%) Repurchase Agreement, Countrywide Securities 5.38%, 04/02/07 (Collateralized by $97,189,949 FHLMC, rates ranging from 5.000% to 5.879%(r), maturities ranging from 09/14/09 to 01/01/37; FNMA 4.387%(r), 02/01/35 & 6.500%, 02/01/37, valued at $87,626,544) to be repurchased at $85,921,080 85,908 85,908,241 Repurchase Agreement, Deutsche Bank Securities 5.39%, 04/02/07 (Collateralized by $162,094,815 FNMA, rates ranging from 5.000% to 7.000%, maturities ranging from 05/01/16 to 03/01/37, valued at $82,288,501) to be repurchased at $80,687,079 80,675 80,675,000

25

Repurchase Agreement, UBS Warburg LLC 5.38%, 04/02/07 (Collateralized by $573,717,244 FHLMC, rates ranging from 4.000% to 6.000%, maturities from 09/ 01/18 to 01/01/37 & FNMA, rates ranging from 4.500% to 8.000%, maturities ranging from 06/01/08 to 03/01/37, valued at $410,041,153) to be repurchased at $402,060,077 402,000 $ 402,000,000

TOTAL SECURITIES LENDING COLLATERAL 568,583,241

TOTAL INVESTMENTS - (100.0%) (Cost $2,047,230,543)## $ 2,142,306,621

See accompanying Notes to Financial Statements.

26

THE ASIA PACIFIC SMALL COMPANY SERIES SCHEDULE OF INVESTMENTS March 31, 2007 (Unaudited)

Shares Value††

AUSTRALIA — (38.2%) COMMON STOCKS — (38.1%) A.I., Ltd. 519,249 $ 111,107 # ABB Grain, Ltd. 599,432 3,743,037 * Acclaim Exploration NL 435,905 15,467 * Adacel Technologies, Ltd. 113,249 58,552 * Adamus Resources, Ltd. 284,933 126,507 Adcorp Australia, Ltd. 229,411 81,594 # Adelaide Bank, Ltd. 435,674 4,842,142

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Adelaide Brighton, Ltd. 2,191,287 6,071,077 * Admiralty Resources NL 2,345,675 255,101 Adtrans Group, Ltd. 32,047 93,991 * Advanced Magnesium, Ltd. 16,619 5,165 Aevum, Ltd. 184,099 430,816 * AFT Corp., Ltd. 495,284 3,206 * Agenix, Ltd. 333,983 28,286 # * Agincourt Resources, Ltd. 849,929 1,235,704 # * Aim Resources, Ltd. 3,007,455 594,419 * Ainsworth Game Technology, Ltd. 393,653 181,408 * AJ Lucas Group, Ltd. 214,698 198,026 * Alchemia, Ltd. 524,103 414,087 # Alesco Corp., Ltd. 292,467 2,952,988 * Alkane Exploration, Ltd. 782,100 151,697 # * Allegiance Mining NL 2,701,235 1,558,194 # * Alliance Resources, Ltd. 985,086 1,625,226 * Allied Medical, Ltd. 11,746 0 Altium, Ltd. 162,100 125,645 # * Amadeus Energy, Ltd. 737,757 467,024 Amalgamated Holdings, Ltd. 369,347 1,939,185 Amcom Telecommunications, Ltd. 596,711 84,481 Ammtec, Ltd. 8,165 25,036 * Anadis, Ltd. 136,900 24,368 * Andean Resources, Ltd. 638,917 257,883 * Anglo Australian Resources NL 1,799,335 82,900 # Ansell, Ltd. 602,086 5,636,582 * Antares Energy, Ltd. 627,352 382,847 # * Anzon Australia, Ltd. 367,321 360,707 AP Eagers, Ltd. 33,223 295,492 # APA Group 1,753,156 5,934,890 # * Aquila Resources, Ltd. 99,994 375,284 ARB Corporation, Ltd. 267,440 925,539 # * ARC Energy, Ltd. 887,033 951,293 Ariadne Australia, Ltd. 291,838 143,861 * Arrow Energy NL 2,258,440 3,189,284 ASG Group, Ltd. 30,858 27,184 Aspen Group, Ltd. 955,217 1,844,387

1

Astron, Ltd. 75,215 $ 124,619 Atlas Group Holding, Ltd. 409,029 269,016 Atlas South Sea Pearl, Ltd. 82,585 27,981 * Aurora Oil & Gas, Ltd. 574,181 181,310 Ausdrill, Ltd. 533,105 859,994 * AuSelect, Ltd. 190,565 190,154 Ausmelt, Ltd. 44,782 30,866 Auspine, Ltd. 198,619 575,477 Ausron, Ltd. 60,281 2,831 Austal, Ltd. 774,406 1,972,734

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Austar United Communications, Ltd. 5,107,520 6,432,408 Austereo Group, Ltd. 1,574,384 2,607,922 * Austin Group, Ltd. 70,265 11,965 * Austpac Resources NL 2,001,772 258,748 # Australand Property Group 833,886 1,470,120 # Australian Agricultural Co., Ltd. 1,002,242 1,926,074 # Australian Infrastructure Fund 1,530,273 3,414,836 # Australian Pharmaceutical Industries, Ltd. 1,014,953 1,722,429 # * Australian Worldwide Exploration, Ltd. 1,801,281 4,135,999 * Auto Group, Ltd. 41,309 6,016 # * Autron Corporation, Ltd. 989,247 72,168 Avatar Industries, Ltd. 195,019 253,717 # * Avexa, Ltd. 119,842 70,790 # AVJennings Homes, Ltd. 891,113 885,763 # AWB, Ltd. 1,431,329 4,108,485 * Babcock & Brown Environmental Investments, Ltd. 534,224 474,983 * Ballarat South Gold, Ltd. 1,996 14,573 # Bank of Queensland, Ltd. 447,912 6,271,364 Beach Petroleum, Ltd. 3,542,268 3,561,360 Beaconsfield Gold NL 89,078 30,991 * Bemax Resources, Ltd. 2,432,157 460,696 # Bendigo Bank, Ltd. 388,121 5,331,354 # * Bendigo Mining NL 1,918,780 620,014 Beyond International, Ltd. 61,256 45,102 # * Biota Holdings, Ltd. 718,460 905,119 Blackmores, Ltd. 63,460 1,128,492 * Blina Diamonds, Ltd. 15,073 6,705 * BMA Gold, Ltd. 710,924 57,521 # * Bolnisi Gold NL 1,170,501 2,797,468 # Boom Logistics, Ltd. 667,064 1,899,683 # * Boulder Steel, Ltd. 1,288,627 505,485 * BQT Solutions, Ltd. 659,898 87,804 # Bradken, Ltd. 427,776 3,047,891 * Breakaway Resporces. Ltd. 547,846 172,719 Brickworks, Ltd. 63,458 672,880 BSA, Ltd. 451,608 219,185 # Cabcharge Australia, Ltd. 472,102 4,063,127 * Calliden Group, Ltd. 590,393 214,709 # Campbell Brothers, Ltd. 211,161 3,767,570 Candle Australia, Ltd. 214,050 570,968 * Cape Range Wireless, Ltd. 3,581,304 11,591 # * Capral Aluminium, Ltd. 743,515 480,966 Cardno, Ltd. 208,626 1,013,683 * Carnarvon Petroleum, Ltd. 1,734,433 160,587 # Cash Converters International, Ltd. 955,600 505,558

2

# * CBH Resources, Ltd. 3,079,365 $ 1,254,053 CCI Holdings, Ltd. 20,606 9,257

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # CDS Technologies, Ltd. 13,276 11,355 CEC Group, Ltd. 137,373 247,750 Cedar Woods Properties, Ltd. 89,116 379,132 * Cellestis, Ltd. 379,480 1,133,811 # Cellnet Group, Ltd. 154,345 148,052 # * Centamin Egypt, Ltd. 1,611,779 1,288,633 # Centennial Coal, Ltd. 1,220,596 3,196,430 * Centralian Minerals, Ltd. 41,182 2,299 * Ceramic Fuel Cells, Ltd. 636,650 625,414 Chandler Macleod, Ltd. 83,076 77,488 * Chemeq, Ltd. 166,742 10,104 * ChemGenex Pharmaceuticals, Ltd. 439,709 281,005 * ChemGenex Pharmaceuticals, Ltd. (B1SVYW1) 43,970 28,105 * Chrome Corp., Ltd. 96,000 310 * Circadian Technologies, Ltd. 64,591 73,010 * Citigold Corp., Ltd. 2,412,844 829,938 # City Pacific, Ltd. 587,165 2,035,016 * Clinical Cell Culture, Ltd. 595,955 27,115 # * Clinuvel Pharmaceuticals, Ltd. 1,128,482 1,111,189 * Clough, Ltd. 2,019,486 1,136,813 * Clover Corp., Ltd. 269,348 24,006 * Cluff Resources Pacific NL 911,746 8,853 CMI, Ltd. 81,810 107,421 * CO2 Group, Ltd. 280,693 74,810 # Coates Hire, Ltd. 1,064,671 4,221,630 Codan, Ltd. 142,942 154,844 # Coffey International, Ltd. 482,699 1,528,383 # Collection House, Ltd. 385,044 294,338 # Commander Communications, Ltd. 887,980 1,441,966 # * Compass Resources NL 500,378 2,167,232 * Coneco, Ltd. 27,850 13,088 # ConnectEast Group 5,055,130 6,112,052 * Conquest Mining, Ltd. 900,509 580,443 # Consolidated Minerals, Ltd. 827,856 1,671,723 Consolidated Rutile, Ltd. 1,468,122 813,567 * Coplex Resources NL 231,400 16,850 # * Copperco, Ltd. 1,377,495 550,733 # Corporate Express Australia, Ltd. 712,055 3,613,999 # Count Financial, Ltd. 962,884 2,062,091 # Coventry Group, Ltd. 129,400 439,354 * CP1, Ltd. 297,500 199,752 * CPI Group, Ltd. 68,585 20,494 # Crane Group, Ltd. 248,557 3,293,402 * Crescent Gold, Ltd. 936,746 309,231 * Croesus Mining NL 878,058 195,370 * Cue Energy Resources, Ltd. 452,354 51,355 # * Customers, Ltd. 2,049,484 389,985 * Cytopia, Ltd. 187,724 106,322 Danks Holdings, Ltd. 10,425 72,458 Devine, Ltd. 577,507 677,418 * Dioro Exploration NL 857,142 56,820

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Dioro Exploration NL Issue 07 285,714 18,956 # Dominion Mining, Ltd. 388,277 743,105

3

* Dragon Mining, Ltd. 1,665,100 $ 182,007 * Drillsearch Energy, Ltd. 650,000 70,861 # DUET Group 2,053,481 5,437,358 * E*TRADE Australia, Ltd. 297,591 998,574 Eastern Star Gas, Ltd. 2,021,796 500,047 * Echelon Resources, Ltd. 7,950 2,558 * Ellex Medical Lasers, Ltd. 162,000 111,424 # emitch, Ltd. 729,934 736,799 Emporer Mines, Ltd. 1,284,668 124,731 # Energy Developments, Ltd. 577,938 2,273,505 # * Energy World Corp., Ltd. 2,223,718 1,431,968 * engin, Ltd. 674,773 106,302 # Envestra, Ltd. 3,381,709 3,403,333 * Environmental Clean Technologies, Ltd. 13,473 2,560 * Envirozel, Ltd. 710,966 253,419 * Epsilon Energy, Ltd. 14,583 4,838 Equigold NL 687,438 908,208 * ERG, Ltd. 3,388,940 575,275 # * Espreon, Ltd. 178,000 89,061 # * Falcon Minerals, Ltd. 595,369 180,406 # Fantastic Holdings, Ltd. 363,333 1,203,883 Felix Resources, Ltd. 773,857 3,121,947 * First Australian Resources, Ltd. 1,610,976 155,964 # FKP, Ltd. 896,058 5,285,761 # Fleetwood Corp., Ltd. 195,097 1,416,067 Flight Centre, Ltd. 350,031 4,621,581 Forest Enterprises Australia, Ltd. 1,210,450 719,571 # Funtastic, Ltd. 647,350 986,959 Futuris Corp., Ltd. 2,988,467 5,219,386 * Gale Pacific, Ltd. 125,851 70,922 Gazal Corp., Ltd. 104,542 193,947 # * Genetic Technologies, Ltd. 830,383 100,779 # * Geodynamics, Ltd. 483,625 417,729 # * Gindalbie Metals, Ltd. 1,695,584 793,566 * Giralia Resources NL 599,030 387,153 * Globe International, Ltd. 882,836 185,532 * Gold Aura, Ltd. 61,645 4,486 * Golden Gate Petroleum, Ltd. 480,988 100,987 * Goldstream Mining NL 564,840 274,521 Gowing Bros., Ltd. 79,311 255,386 # Graincorp, Ltd. Series A 229,458 1,929,792 * Grange Resources, Ltd. 288,220 356,143 # GRD, Ltd. 775,365 1,356,490 * Great Gold Mines NL 17,866 578 # Great Southern Plantations, Ltd. 1,304,118 2,129,017

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Greater Pacific Gold, Ltd. 2,677,443 97,717 GUD Holdings, Ltd. 242,060 1,612,905 # Gunns, Ltd. 1,428,079 3,601,705 * GVM Metals, Ltd. 161,382 110,843 # GWA International, Ltd. 1,138,089 3,685,203 * Havilah Resources NL 180,633 271,258 # Healthscope, Ltd. 967,031 4,297,829 * Herald Resources, Ltd. 763,346 659,447 * Heron Resources, Ltd. 645,833 665,592 HGL, Ltd. 97,331 151,958

4

* Highlands Pacific, Ltd. 2,102,300 $ 416,231 # Hills Industries, Ltd. 710,303 3,176,241 # Home Building Society, Ltd. 125,058 1,534,337 * Horizon Oil, Ltd. 2,936,144 724,821 # Housewares International, Ltd. 498,037 1,083,027 HPAL, Ltd. 460,122 721,024 * Hutchison Telecommunications (Australia), Ltd. 1,839,781 267,562 * Hyro, Ltd. 820,204 188,844 # IBA Health, Ltd. 1,401,759 1,480,809 IBT Education, Ltd. 829,394 1,309,679 * ICSGlobal, Ltd. 177,934 31,011 # iiNet, Ltd. 487,339 457,769 # Iluka Resources, Ltd. 940,972 4,481,832 Imdex, Ltd. 658,486 685,806 * Imugene, Ltd. 474,785 97,698 # Incitec Pivot, Ltd. 226,180 9,037,579 Independence Group NL 455,762 1,826,678 * Independent Practitioner Network, Ltd. 457,414 92,522 * Indophil Resources NL 1,510,858 916,301 # * Industrea, Ltd. 2,261,223 739,985 Infomedia, Ltd. 1,307,138 749,910 Institute of Drug Technology Australia, Ltd. 82,205 129,727 Integrated Group, Ltd. 277,729 570,470 Integrated Research, Ltd. 261,513 103,699 Intellect Holdings, Ltd. 48,362 7,210 * Intermoco, Ltd. 2,462,900 55,797 * International All Sports, Ltd. 58,815 13,747 * Intrepid Mines, Ltd. 320,115 129,599 # Invocare, Ltd. 398,052 1,830,723 # IOOF Holdings, Ltd. 259,743 2,092,172 # Iress Market Technology, Ltd. 446,372 2,922,310 # IWL, Ltd. 231,277 917,291 * Ixla, Ltd. 89,921 1,673 # * Jabiru Metals, Ltd. 1,483,409 1,487,001 # JB Hi-Fi, Ltd. 412,988 2,523,406 # Jones (David), Ltd. 1,777,508 6,531,897 # Jubilee Mines NL 494,194 6,976,575

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Jumbuck Entertainment, Ltd. 7,000 9,049 # Just Group, Ltd. 878,600 2,956,704 K&S Corp., Ltd. 146,366 459,162 # Kagara Zinc, Ltd. 831,710 3,442,418 # * Keycorp, Ltd. 215,466 74,876 # * Kimberley Diamond Co. NL 1,612,349 1,137,380 * Kings Minerals NL 1,474,069 698,067 # Kingsgate Consolidated, Ltd. 354,586 1,358,883 Kresta Holdings, Ltd. 507,262 114,839 # * Lafayette Mining, Ltd. 3,463,956 209,536 * Lakes Oil NL 8,526,651 138,348 Lemarne Corp., Ltd. 30,790 62,298 * Leyshon Resources, Ltd. 103,357 48,267 * Life Therapeutics, Ltd. 393,649 400,448 Lighting Corp., Ltd. 180,200 112,277 * Lihir Gold, Ltd. 407,395 1,067,067 # Lipa Pharmaceuticals, Ltd. 311,162 185,869 * Longreach Group, Ltd. 92,007 4,839

5

Lycopodium, Ltd. 30,000 $ 78,202 # * Lynas Corp., Ltd. 1,572,869 1,112,462 # MacArthur Coal, Ltd. 741,351 2,840,616 MacMahon Holdings, Ltd. 2,104,807 1,445,862 * Macmin Silver, Ltd. 1,807,467 393,873 * Macquarie Corporate Telecommunications, Ltd. 35,019 27,718 * Magnesium International, Ltd. 32,803 1,990 # * Marion Energy, Ltd. 827,082 414,174 Maryborough Sugar Factory, Ltd. 2,512 6,105 * Matrix Oil NL 2,091 305 MaxiTRANS Industries, Ltd. 637,133 360,671 * McGuigan Simeon Wines, Ltd. 471,127 1,112,666 # McMillan Shakespeare, Ltd 124,748 464,335 McPherson’s, Ltd. 248,582 578,021 # Melbourne IT, Ltd. 303,585 914,231 * Mermaid Marine Australia, Ltd. 486,084 606,374 # * Metabolic Pharmaceuticals, Ltd. 1,162,738 136,334 # * Metal Storm, Ltd. 2,280,892 302,714 MFS Diversified Group 342,171 249,094 * MFS Living and Leisure Group 187,375 147,025 MFS, Ltd. 674,982 2,890,221 * Midwest Corp., Ltd. 631,112 939,592 * Mikoh Corp., Ltd. 611,820 189,563 Mincor Resources NL 786,558 1,947,610 # * Mineral Deposits, Ltd. 1,182,751 1,433,382 Monadelphous Group, Ltd. 328,057 2,816,734 * Morning Star Gold NL 25,000 6,269 Mortgage Choice, Ltd. 472,800 1,170,212 * Mosaic Oil NL 1,892,182 236,376

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Mount Gibson Iron, Ltd. 3,112,758 2,011,301 * Multiemedia, Ltd. 13,645,745 87,795 * MXL, Ltd. 2,132,080 118,552 # MYOB, Ltd. 1,417,459 1,341,493 Namoi Cotton Cooperative, Ltd. 176,490 96,295 National Can Industries, Ltd. 97,017 137,795 National Hire Group, Ltd. 102,000 131,945 New Hope Corp., Ltd. 3,147,946 3,890,991 # * Nexus Energy, Ltd. 1,486,722 1,060,664 * Niagara Mining, Ltd. 1,071,981 211,734 # * Nido Petroleum, Ltd. 3,072,766 447,347 * North Australian Diamonds, Ltd. 3,646,488 106,120 # * Norwood Abbey, Ltd. 326,063 24,634 # * Novogen, Ltd. 391,594 775,450 # Nufarm, Ltd. 287,774 2,884,204 * Nusep 17,442 0 # * Nylex, Ltd. 146,174 187,639 Oakton, Ltd. 333,169 1,197,512 * Occupational & Medical Innovations, Ltd. 31,208 13,114 # * Oceana Gold, Ltd. 2,649,296 1,596,504 * Optiscan Imaging, Ltd. 37,101 14,080 * Orbital Corp., Ltd. 1,883,099 327,581 * Orchard Petroleum, Ltd. 708,000 463,696 OrotonGroup, Ltd. 79,968 174,526 Pacific Brands, Ltd. 2,047,113 5,077,348 * Pan Australian Resources, Ltd. 5,452,477 1,915,570

6

* Pan Pacific Petroleum NL 491,700 $ 77,602 * Panbio, Ltd. 58,078 16,854 Paperlinx, Ltd. 1,815,157 6,109,867 * Payce Consolidated, Ltd. 29,670 65,056 PCH Group, Ltd. 647,651 454,799 # Peet, Ltd. 903,458 2,924,510 * People Telecom, Ltd. 535,431 34,540 * Peplin, Ltd. 65,000 40,968 * Peptech, Ltd. 634,000 959,256 Perilya, Ltd. 780,779 2,276,583 # * Perseverance Corp., Ltd. 2,771,255 827,561 * Petra Diamonds, Ltd. 65,193 198,859 # * Petsec Energy, Ltd. 594,617 906,423 # * Pharmaxis, Ltd. 774,099 2,010,036 * Planet Gas, Ltd. 395,000 95,450 * Plantcorp NL 4,329 0 # * Platinum Australia, Ltd. 737,059 850,781 * PMP, Ltd. 1,213,151 1,764,774 * Polartechnics, Ltd. 272,423 77,997 # Port Bouvard, Ltd. 240,678 495,691 * Portman, Ltd. 63,656 253,487

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * PowerTel, Ltd. Series B 204,372 375,431 PPK Group, Ltd. 99,965 63,778 * Prana Biotechnology, Ltd. 195,424 56,368 * Precious Metals Australia, Ltd. 246,084 303,903 # Primary Health Care, Ltd. 508,734 5,018,758 Prime Television, Ltd. 416,327 1,245,882 # * Primelife Corp., Ltd. 673,327 574,530 # * Progen Industries, Ltd. 177,688 1,053,554 # Programmed Maintenance Service, Ltd. 282,393 1,176,392 Promentum, Ltd. 181,910 324,749 # * pSvida, Ltd. 1,649,727 359,011 Queensland Cotton Holdings, Ltd. 109,244 434,631 # Ramsay Health Care, Ltd. 430,216 3,997,906 Raptis Group, Ltd. 12,000 11,247 # RCR Tomlinson, Ltd. 448,851 667,590 # Reckon, Ltd. 117,500 100,255 # * Redflex Holdings, Ltd. 348,704 932,881 # * Redport, Ltd. 1,380,196 245,678 # Reece Australia, Ltd. 251,463 4,893,271 * Renison Consolidated Mines NL 1,364,371 94,788 # * Repco Corp., Ltd. 758,607 1,043,102 * Repcol, Ltd. 554,848 43,546 # * Resolute Mining, Ltd. 923,264 1,029,737 * Resonance Health, Ltd. 51,212 874 * Resource Pacific Holdings, Ltd. 817,900 937,456 # Ridley Corp., Ltd. 1,187,634 1,083,737 # * Riversdale Mining, Ltd. 572,935 876,645 # * Roc Oil Co., Ltd. 1,199,440 2,861,857 Rock Building Society, Ltd. 25,092 110,670 Ross Human Directions, Ltd. 143,461 72,968 * Rubicon Resources, Ltd. 50,129 6,287 # Rural Press, Ltd. 487,796 5,359,227 # Ruralco Holdings, Ltd. 68,360 198,536 # SAI Global, Ltd. 580,337 1,697,830

7

* Salinas Energy, Ltd. 399,290 $ 101,940 * Sally Malay Mining, Ltd. 747,085 2,372,633 # Salmat, Ltd. 471,824 1,528,826 * Samson Oil & Gas, Ltd. 677,329 119,635 * Scarborough Minerals P.L.C. CDI 43,536 35,108 Schaffer Corp., Ltd. 33,766 206,272 SDI, Ltd. 369,901 268,763 # Select Harvests, Ltd. 164,363 1,489,316 # * Senetas Corp., Ltd. 1,846,596 356,689 # Servcorp, Ltd. 237,854 963,928 Service Stream, Ltd. 684,662 797,455 # * Shield Mining, Ltd. 72,292 10,818 # * Silex System, Ltd. 545,555 4,715,145

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * Sino Gold, Ltd. 648,503 3,282,898 Sino Strategic International, Ltd. 124,164 282,367 # * Sirtex Medical, Ltd. 216,786 599,408 # Skilled Group, Ltd. 415,037 1,813,671 # Smorgon Steel Group, Ltd. 3,274,819 5,396,828 SMS Management & Technology, Ltd. 250,004 954,802 # Southern Cross Broadcasting (Australia), Ltd. 266,247 3,565,748 * Southern Pacific Petroleum NL 698,740 0 SP Telemedia, Ltd. 1,630,898 1,187,595 Specialty Fashion Group, Ltd. 807,082 1,275,130 * Sphere Investments, Ltd. 403,662 611,087 # Spotless Group, Ltd. 886,508 3,315,769 * ST Synergy, Ltd. 33,420 35,029 # * St. Barbara, Ltd. 3,184,987 1,351,553 Staging Connections Group, Ltd. 256,027 318,694 # * Starpharma Holdings, Ltd. 497,958 173,362 Straits Resources, Ltd. 768,752 2,324,278 * Strategic Minerals Corp. NL 358,100 36,276 * Strathfield Group, Ltd. 492,553 19,397 Stuart Petroleum, Ltd. 201,731 154,709 # STW Communications Group, Ltd. 838,338 2,123,318 # * Summit Resources, Ltd. 799,926 3,183,948 * Sundance Resources, Ltd. 5,993,157 700,124 # Sunland Group, Ltd. 1,212,300 3,289,996 # Super Cheap Auto Group, Ltd. 427,006 1,397,837 # Sydney Attractions Group, Ltd. 83,067 375,549 # * Sydney Gas, Ltd. 661,636 192,703 # Symex Holdings, Ltd. 311,160 133,582 Talent2 International, Ltd. 359,897 727,017 # * Tamaya Resources, Ltd. 1,972,779 318,809 * Tandou, Ltd. 10,230 3,763 * Tap Oil, Ltd. 626,490 762,385 Tassal Group, Ltd. 514,964 1,078,730 # Technology One, Ltd. 1,181,590 969,582 * Tectonic Resources NL 259,183 19,943 # Ten Network Holdings, Ltd. 1,658,273 4,237,928 * Tennant Creek Gold, Ltd. 418,423 141,696 * TFS Corp., Ltd. 576,300 268,294 Thakral Holdings Group 2,439,283 1,805,917 # The Reject Shop, Ltd. 100,526 934,615 # Timbercorp, Ltd. 1,191,916 1,770,940 * Tomato Technologies, Ltd. 454,331 80,863

8

* Toodyay Resources, Ltd. 20,163 $ 391 * Tooth & Co., Ltd. 153,000 7,428 * Tower Australia Group, Ltd. 626,340 1,368,285 # * Tox Free Solutions, Ltd. 256,486 466,591 # Transfield Services, Ltd. 768,280 7,396,860

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Troy Resources NL 193,584 487,150 Trust Co. Ltd. 75,179 709,042 * Unilife Medical Solutions, Ltd. 544,389 125,409 * Union Resources, Ltd. 1,290,000 21,884 # United Group, Ltd. 393,438 4,330,738 * Universal Resources, Ltd. 109,414 10,141 # * Unwired Group, Ltd. 892,774 194,732 UXC, Ltd. 725,716 1,014,138 # Veda Advantage, Ltd. 921,433 2,435,484 # * Ventracor, Ltd. 1,048,486 787,093 * Victoria Petroleum NL 747,800 123,709 * View Resources, Ltd. 1,186,369 320,335 # * Village Life, Ltd. 203,651 12,659 Village Roadshow, Ltd. 591,536 1,577,670 # Vision Group Holdings, Ltd. 267,832 630,017 Waterco, Ltd. 34,448 44,523 Watpac, Ltd. 404,736 1,318,582 # Wattyl, Ltd. 378,352 1,011,073 # * Webjet, Ltd. 1,295,731 313,848 Webster, Ltd. 127,169 112,393 * Wedgetail Mining, Ltd. 904,454 142,416 * Wentworth Holdings, Ltd. 316,666 71,612 # * Western Areas NL 665,529 2,603,323 # WHK Group, Ltd. 919,209 1,664,815 Wide Bay Australia, Ltd. 47,718 463,246 Willmott Forests, Ltd. 51,672 58,506 TOTAL COMMON STOCKS 495,949,248

PREFERRED STOCKS — (0.1%) # Village Roadshow, Ltd. Class A 334,417 907,244

RIGHTS/WARRANTS — (0.0%) * Amcom Telecommunications, Ltd. Options 12/31/09 596,711 19,312 * Avexa, Ltd. Rights 04/12/07 47,936 7,951 * Ballarat South Gold, Ltd. Warrants 6,458 0 * ChemGenex Pharmaceuticals, Ltd. Options 02/08/12 14,657 474 * Chrome Corp., Ltd. Options 09/30/09 32,000 39 * Emerald Oil & Gas NL Warrants 05/31/08 2,091 115 * Geodynamics, Ltd. Rights 04/03/07 142,669 6,003 * Gold Aura, Ltd. Options 03/31/09 10,274 258 * Havilah Resources NL Issue 2007 Warrants 04/30/10 2,017 1,306 * Horizon Oil, Ltd. Options 02/28/08 132,777 8,057 * Macmin Silver, Ltd. Options 10/30/08 56,483 5,484 * Morning Star Gold NL Options 12/31/08 12,500 1,466 * Nylex, Ltd. Options 12/08/09 37,267 15,076 * Oceana Gold, Ltd. Options 01/01/09 377,098 57,971 * Pan Pacific Petroleum NL Options 06/30/07 163,900 6,631 * Victoria Petroleum NL Rights 01/31/10 127,012 8,016 TOTAL RIGHTS/WARRANTS 138,159

9

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document TOTAL — AUSTRALIA $ 496,994,651

CANADA — (0.0%) COMMON STOCKS — (0.0%) * Chai-Na-Ta Corp. 75,456 2,415

HONG KONG — (22.1%) COMMON STOCKS — (22.1%) * 139 Holdings, Ltd. 620,000 26,207 ABC Communications (Holdings), Ltd. 930,000 57,385 Aeon Credit Service (Asia) Co., Ltd. 740,000 643,086 Alco Holdings, Ltd. 1,468,000 758,448 Allan International Holdings, Ltd. 592,000 87,130 Allied Group, Ltd. 683,200 1,884,605 Allied Properties, Ltd. 1,268,600 1,395,285 AMVIG Holdings, Ltd. 2,109,000 1,705,204 * Anex International Holdings, Ltd. 152,000 7,330 * Applied Development Holdings, Ltd. 1,243,000 67,501 * APT Satellite Holdings, Ltd. 850,000 197,977 * Artel Solutions Group Holdings, Ltd. 2,315,000 10,962 * Artfield Group, Ltd. 466,000 89,357 Arts Optical International Holdings, Ltd. 730,000 246,373 * Asia Commercial Holdings, Ltd. 72,800 7,715 Asia Financial Holdings, Ltd. 2,768,908 1,343,417 # Asia Satellite Telecommunications Holdings, Ltd. 982,500 2,208,850 * Asia Standard Hotel Group, Ltd. 25,610,000 431,356 Asia Standard International Group, Ltd. 17,351,298 546,725 * Asia TeleMedia, Ltd. 2,832,000 147,087 * Asia Tele-Net & Technology Corp., Ltd. 521,000 34,065 Asia Zirconium, Ltd. 1,164,000 135,236 * Asian Union New Media Group, Ltd. 28,920,000 353,612 * Associated International Hotels, Ltd. 974,000 1,497,330 Automated Systems Holdings, Ltd. 340,000 84,003 * B.A.L. Holdings, Ltd. 406 34 Baltrans Holdings, Ltd. 676,000 440,223 * Beijing Development (Hong Kong), Ltd. 166,000 57,779 * Bestway International Holdings, Ltd. 801,600 42,317 Bossini International Holdings, Ltd. 3,871,500 218,297 Bright International Group, Ltd. 710,000 65,417 * Build King Holdings, Ltd. 375,756 11,610 * C C Land Holdings, Ltd. 2,888,000 1,712,477 Cafe de Coral Holdings, Ltd. 1,516,000 2,735,493 * Capital Estate, Ltd. 14,160,000 142,020 Capital Strategic Investment, Ltd. 2,406,500 491,259 * Carico Holdings, Ltd. 2,948 91 Cash Financial Services Group, Ltd. 427,018 18,241 * Casil Telecommunications Holdings, Ltd. 1,420,000 141,755 * CATIC International Holdings, Ltd. 5,332,000 292,782 CCT Telecom Holdings, Ltd. 1,724,970 260,914

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document CEC International Holdings, Ltd. 220,279 5,914

10

* Celestial Asia Securities Holdings, Ltd. 639,054 $ 27,370 Century City International Holdings, Ltd. 39,346,000 797,347 Champion Technology Holdings, Ltd. 3,536,719 704,679 Chaoda Modern Agriculture (Holdings), Ltd. 5,434,000 3,811,936 Chen Hsong Holdings, Ltd. 1,576,000 1,024,107 Cheuk Nang (Holdings), Ltd. 244,140 196,056 Chevalier International Holdings, Ltd. 733,482 750,832 Chevalier Itech Holdings, Ltd. 355,250 157,215 * Chia Hsin Cement Greater China Holding Corp. 642,000 105,012 * China Aerospace International Holdings, Ltd. 4,955,400 728,009 * China Agri-Industries, Ltd. 4,150,000 1,853,651 * China Best Group Holding, Ltd. 9,296,000 139,921 * China Credit Holdings, Ltd. 3,464,000 113,050 * China Digicontent Co., Ltd. 2,710,000 3,468 China Electronics Corp. Holdings Co., Ltd. 890,250 162,672 # China Everbright International, Ltd. 3,945,000 1,097,745 # China Gas Holdings, Ltd. 8,286,000 1,851,016 * China Grand Forestry Resources Group, Ltd. 10,932,000 1,382,620 China Green (Holdings), Ltd. 1,785,000 1,369,091 * China Haidian Holdings, Ltd. 4,610,000 313,867 China Hong Kong Photo Products Holdings, Ltd. 1,909,000 200,483 # * China Insurance International Holdings Co., Ltd. 3,562,000 4,257,214 * China Investments Holdings, Ltd. 210,000 10,154 # China Metal International Holdings, Ltd. 2,844,000 1,036,699 * China Mining Resources Group, Ltd. 9,162,000 2,105,335 * China Motion Telecom International, Ltd. 5,080,000 245,998 China Motor Bus Co., Ltd. 74,000 567,737 * China Oil & Gas Group, Ltd. 1,573,200 190,848 China Oriental Group Co., Ltd. 6,922,974 2,288,127 # * China Pharmaceutical Group, Ltd. 3,810,000 644,007 China Power International Development, Ltd. 6,754,000 3,265,489 China Rare Earth Holdings, Ltd. 2,728,000 668,385 China Resources Logic, Ltd. 7,086,000 725,171 * China Rich Holdings, Ltd. 676,000 28,551 * China Sciences Conservational Power, Ltd. 210,400 19,388 * China Sci-Tech Holdings, Ltd. 278,600 6,778 * China Seven Star Shopping, Ltd. 8,410,000 1,170,801 China Shineway Pharmaceutical Group, Ltd. 2,204,000 1,513,701 * China Solar Energy Holdings, Ltd. 9,802,905 973,520 * China Star Entertainment, Ltd. 440,292 20,850 China Travel International Investment Hong Kong, Ltd. 675,844 314,659 * China Wireless Technologies, Ltd. 1,288,000 256,101 # * Chinese People Gas Holdings Co., Ltd. 7,760,000 526,371 Chinney Investments, Ltd. 1,144,000 124,208 Chitaly Holdings, Ltd. 550,000 100,358 # Chong Hing Bank, Ltd. 1,197,000 3,157,415

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Chow Sang Sang Holdings International, Ltd. 1,513,680 1,021,843 * Chu Kong Shipping Development Co., Ltd. 1,584,000 320,178 Chuang’s China Investments, Ltd. 3,082,500 195,257 Chuang’s Consortium International, Ltd. 3,534,884 320,322 Chun Wo Holdings, Ltd. 2,002,926 255,915 Chung Tai Printing Holdings, Ltd. 548,000 81,185 # * CITIC 21CN Co., Ltd. 8,720,000 999,964 # * CITIC Resources Holdings, Ltd. 11,420,000 5,208,272 City e-Solutions, Ltd. 186,000 25,972

11

* City Telecom (H.K.), Ltd. 1,402,000 $ 223,769 # * Clear Media, Ltd. 1,135,000 1,237,324 * Climax International Co., Ltd. 40,700 1,182 * CNT Group, Ltd. 3,078,000 94,072 Coastal Greenland, Ltd. 5,792,000 812,654 # COFCO International, Ltd. 4,150,000 3,096,679 COL Capital, Ltd. 480,240 207,226 # Comba Telecom Systems Holdings, Ltd. 2,218,000 820,560 * Compass Pacific Holdings, Ltd. 624,000 10,118 Computer & Technologies Holdings, Ltd. 432,000 50,584 Continental Holdings, Ltd. 98,825 11,091 * Convenience Retail Asia, Ltd. 64,000 24,545 COSCO International Holdings, Ltd. 3,463,600 1,818,387 Coslight Technology International Group, Ltd. 1,134,000 913,317 Cosmos Machinery Enterprises, Ltd. 1,616,400 139,752 * Crocodile Garments, Ltd. 1,539,000 103,918 Cross-Harbour Holdings, Ltd. 586,520 485,539 * Culturecom Holdings, Ltd. 9,183,000 152,786 Daisho Microline Holdings, Ltd. 1,236,000 249,647 * Dan Form Holdings Co., Ltd. 2,866,600 238,628 * Daqing Petroleum & Chemical Group, Ltd. 8,037,500 438,665 * Dawnrays Pharmaceutical (Holdings), Ltd. 1,832,000 166,529 # Dickson Concepts International, Ltd. 816,630 936,205 # Digital China Holdings, Ltd. 2,170,000 850,772 * DVN Holdings, Ltd. 1,953,516 572,004 * Dynamic Global Holdings, Ltd. 3,522,000 18,932 Dynamic Holdings, Ltd. 384,000 134,858 # * Dynasty Fine Wines Group, Ltd. 2,330,000 988,333 Eagle Nice (International) Holdings, Ltd. 70,000 18,950 * Easyknit Enterprises Holdings, Ltd. 2,930,000 1,000,468 * Easyknit International Holdings, Ltd. 1,299,716 82,864 * EcoGreen Fine Chemical Group 990,000 315,744 * Eforce Holdings, Ltd. 2,620,000 60,891 # EganaGoldpfeil Holdings, Ltd. 4,035,757 2,834,107 * E-Kong Group, Ltd. 620,000 90,084 Emperor Entertainment Hotel, Ltd. 2,410,000 458,281 Emperor International Holdings, Ltd. 3,748,360 846,462 Enerchina Holdings, Ltd. 3,068,800 222,746

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * ENM Holdings, Ltd. 3,816,000 305,944 * EPI (Holdings), Ltd. 157,951 8,019 # * eSun Holdings, Ltd. 2,167,600 1,722,785 * Extrawell Pharmaceutical Holdings, Ltd. 5,700,000 457,222 * Ezcom Holdings, Ltd. 72,576 446 Fairwood Holdings, Ltd. 316,600 443,784 # Far East Consortium International, Ltd. 4,040,750 1,697,564 * Far East Hotels & Entertainment, Ltd. 1,853,000 85,060 * Far East Pharmaceutical Technology Co., Ltd. 3,216,000 27,988 First Natural Foods Holdings, Ltd. 2,055,000 247,094 # First Pacific Co., Ltd. 6,992,000 4,260,687 * First Sign International Holdings, Ltd. 1,424,000 43,473 # Fong’s Industries Co., Ltd. 1,470,000 1,152,400 * Forefront International Holdings, Ltd. 658,000 48,002 * Fortuna International Holdings, Ltd. 140,160 12,757 * Founder Holdings, Ltd. 2,350,000 195,037 Fountain Set Holdings, Ltd. 2,150,000 746,361

12

Four Seas Food Investment Holdings, Ltd. 347,184 $ 46,457 Four Seas Mercantile Holdings, Ltd. 592,000 234,876 * Frasers Property China, Ltd. 14,809,000 348,280 * Freeman Corp., Ltd. 173,661 3,566 # FU JI Food & Catering Services 1,321,000 4,151,443 Fubon Bank Hong Kong, Ltd. 2,938,000 1,703,293 * Fujian Holdings, Ltd. 237,800 10,707 Fujikon Industrial Holdings, Ltd. 912,000 211,713 # * Fushan International Energy Group, Ltd. 5,614,000 1,656,822 # Geely Automobile Holdings, Ltd. 7,350,000 973,921 * Genesis Energy Holdings, Ltd. 5,810,000 265,665 * Get Nice Holdings, Ltd. 1,566,000 138,131 * GFT Holdings, Ltd. 192,000 3,882 Giordano International, Ltd. 4,322,000 2,102,617 # Global Bio-Chem Technology Group Co., Ltd. 6,180,000 1,580,971 Global Green Tech Group, Ltd. 2,674,000 389,160 * Global Tech (Holdings), Ltd. 5,612,000 35,912 Glorious Sun Enterprises, Ltd. 2,756,000 1,340,840 Gold Peak Industries (Holdings), Ltd. 1,059,250 148,233 * Goldbond Group Holdings, Ltd. 2,609,500 92,820 * Golden Harvest Entertainment (Holdings), Ltd. 1,954,000 79,684 * Golden Meditech Company, Ltd. 1,500,119 603,441 Golden Resorts Group, Ltd. 3,284,000 949,874 Golden Resources Development International, Ltd. 1,456,500 66,846 * Gold-Face Holdings, Ltd. 2,003,600 0 Goldlion Holdings, Ltd. 2,343,000 487,689 Golik Holdings, Ltd. 930,500 35,495 # Grande Holdings, Ltd. 618,000 207,419 Group Sense (International), Ltd. 2,448,000 165,784 Guangnan Holdings, Ltd. 1,779,600 402,905

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Guangzhou Investment Co., Ltd. 3,476,000 850,774 * Guo Xin Group, Ltd. 3,640,000 120,153 GZI Transport, Ltd. 3,084,000 1,804,144 Hang Fung Gold Technology, Ltd. 1,860,482 348,012 Hang Ten Group Holdings, Ltd. 1,705,850 152,627 * Hans Energy Co., Ltd. 6,376,000 505,935 Harbour Centre Development, Ltd. 593,000 1,046,656 # * Heng Tai Consumables Group, Ltd. 2,798,000 510,463 * Hi Sun Technology (China), Ltd. 3,435,000 1,094,411 High Fashion International, Ltd. 268,000 58,233 HKC (Holdings), Ltd. 9,123,771 1,603,575 # HKR International, Ltd. 3,715,936 2,126,302 Hon Kwok Land Investment Co., Ltd 1,132,535 442,624 * Honesty Treasure International Holdings, Ltd. 6,280,000 157,321 Hong Kong Catering Management, Ltd. 542,796 79,310 Hong Kong Ferry (Holdings) Co., Ltd. 809,300 902,915 * Hong Kong Parkview Group, Ltd. 1,130,000 76,649 * Hong Kong Pharmaceuticals Holdings, Ltd. 183,400 8,215 Hongkong Chinese, Ltd. 3,320,000 614,588 * Hop Hing Holdings, Ltd. 660,265 31,394 Hsin Chong Construction Group, Ltd. 1,569,658 209,791 # Hua Han Bio-Pharmaceutical Holdings, Ltd. 1,888,000 567,622 Huabao International Holdings, Ltd. 19,300 11,674 Huafeng Textile International Group, Ltd. 1,496,400 107,136 * Hualing Holdings, Ltd. 12,708,000 551,407

13

# Hung Hing Printing Group, Ltd. 1,603,275 $ 906,611 Hutchison Harbour Ring, Ltd. 17,106,000 1,269,229 * Hycomm Wireless, Ltd. 4,709,000 64,766 # * I.T, Ltd. 2,734,000 492,392 I-Cable Communications, Ltd. 4,440,000 940,309 * IDT International, Ltd. 6,240,183 360,293 # * Imagi International Holdings, Ltd. 3,037,000 1,657,276 Integrated Distribution Services Group, Ltd. 775,000 1,875,139 * Interchina Holdings Co., Ltd. 8,130,000 130,736 IPE Group, Ltd. 1,740,000 267,478 ITC Corp., Ltd. 4,553,728 349,177 * Jinhui Holdings Co., Ltd. 1,348,000 561,661 Jiuzhou Development Co., Ltd. 2,632,000 379,840 Joyce Boutique Holdings, Ltd. 1,530,000 63,693 * Junefield Department Store Group, Ltd. 256,000 6,225 K Wah International Holdings, Ltd. 6,049,698 2,222,797 * Kader Holdings Co., Ltd. 545,600 22,735 * Kanstar Environmental Paper Products Holdings, Ltd. 1,220,000 56,517 Kantone Holdings, Ltd. 7,527,435 511,493 * Karl Thomson Holdings, Ltd. 1,238,000 527,420 Karrie International Holdings, Ltd. 1,024,000 270,740 Keck Seng Investments (Hong Kong), Ltd. 924,600 433,263

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Kee Shing Holdings 886,000 103,040 Kin Yat Holdings, Ltd. 586,000 120,560 King Fook Holdings, Ltd. 1,000,000 63,964 * King Pacific International Holdings, Ltd. 1,404,200 21,925 # Kingdee International Software Group Co., Ltd. 638,000 480,271 Kingmaker Footwear Holdings, Ltd. 1,476,955 165,769 # Kingway Brewery Holdings, Ltd. 3,834,000 1,627,308 * Kong Sun Holdings, Ltd. 2,198,000 7,033 Kowloon Development Co., Ltd. 2,212,500 4,241,724 * KPI Co., Ltd. 396,000 9,383 KTP Holdings, Ltd. 560,400 46,539 * Kwoon Chung Bus Holdings, Ltd. 556,000 85,382 Lai Fung Holdings, Ltd. 18,003,000 908,109 * Lai Sun Development Co., Ltd. 36,841,000 1,381,767 * Lai Sun Garment (International), Ltd. 4,010,000 332,240 Lam Soon (Hong Kong), Ltd. 302,310 177,959 Le Saunda Holdings, Ltd. 1,424,000 382,814 * Leading Spirit High-Tech Holdings Co., Ltd. 2,310,000 2,956 # Lee & Man Holdings, Ltd. 1,780,000 370,254 Lerado Group (Holding) Co., Ltd. 1,602,000 223,813 # Li Ning Co., Ltd. 2,733,000 5,391,141 * LifeTec Group, Ltd. 3,969,000 109,291 Lippo, Ltd. 1,171,760 462,501 Liu Chong Hing Investment, Ltd. 829,200 1,186,814 Luen Thai Holdings, Ltd. 1,345,000 197,649 Luk Fook Holdings (International), Ltd. 1,192,000 437,462 Luks Industrial Group, Ltd. 1,301,555 871,235 # Lung Kee (Bermuda) Holdings, Ltd. 1,631,875 814,482 * M Dream Inworld Group, Ltd. 3,054 4 # * Macau Prime Properties Holdings, Ltd. 5,460,920 285,998 # Macau Success, Ltd. 5,560,000 568,117 * MACRO-LINK International Investment Co., Ltd. 1,036,250 37,318 * Mae Holdings, Ltd. 11,100 1,161

14

Magnificent Estates, Ltd. 12,744,000 $ 520,400 * Magnum International Holdings, Ltd. 112,500 24,917 Mainland Headwear Holdings, Ltd. 696,000 296,388 Man Yue International Holdings, Ltd. 1,084,000 330,413 Matrix Holdings, Ltd. 943,947 248,413 Matsunichi Communications Holdings, Ltd. 1,156,000 732,377 Mei Ah Entertainment Group, Ltd. 1,142,000 50,737 Melbourne Enterprises, Ltd. 45,500 264,105 Midas International Holdings, Ltd. 774,000 40,129 # Midland Holdings, Ltd. 2,078,000 1,319,847 Min Xin Holdings, Ltd. 1,137,200 407,600 # Mingyuan Medicare Development Co., Ltd. 5,900,000 631,445 # * Minmetals Resources, Ltd. 4,563,780 1,713,287 * Mirabell International Holdings, Ltd. 436,000 414,314

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Miramar Hotel & Investment Co., Ltd. 746,000 1,257,397 * Morning Star Resources, Ltd. 1,845,000 29,039 * Moulin Global Eyecare Holdings, Ltd. 699,274 0 * Nam Tai Electronic & Electrical Products, Ltd. 1,817,000 304,811 * Nan Hai Corp., Ltd. 188,572,743 1,876,858 Nanyang Holdings, Ltd. 137,500 230,182 National Electronics Holdings, Ltd. 2,156,000 109,084 Natural Beauty Bio-Technology, Ltd. 4,980,000 949,167 # Neo-China Group (Holdings), Ltd. 13,340,000 1,860,959 New Century Group Hong Kong, Ltd. 2,880,920 306,743 * New Island Printing Holdings, Ltd. 176,000 12,164 * New Smart Energy Group, Ltd. 432,800 29,381 * New World Cyberbase, Ltd. 217,884 131,196 New World Mobile Holdings, Ltd. 22,140 4,643 Newocean Green Energy Holdings, Ltd. 513,120 40,759 Next Media, Ltd. 6,410,000 2,202,846 Ngai Lik Industrial Holdings, Ltd. 1,730,000 142,075 # Norstar Founders Group, Ltd. 3,256,000 1,458,242 # * Onfem Holdings, Ltd. 1,780,000 147,810 * Orient Power Holdings, Ltd. 804,000 19,345 # Oriental Press Group, Ltd. 6,256,000 1,166,926 Oriental Watch Holdings, Ltd. 610,000 132,475 # Pacific Andes International Holdings, Ltd. 3,104,000 854,446 Pacific Basin Shipping, Ltd. 3,551,000 3,045,131 # Pacific Century Insurance Holdings, Ltd. 1,818,000 1,833,332 Pacific Century Premium Developments, Ltd. 6,470,000 2,044,916 * Pacific Plywood Holdings, Ltd. 886,000 18,278 Paliburg Holdings, Ltd. 13,272,000 585,389 Paul Y Engineering Group, Ltd. 62,822 10,009 # Peace Mark Holdings, Ltd. 2,738,022 2,988,996 * Pearl Oriental Innovation, Ltd. 775,200 238,111 Pegasus International Holdings, Ltd. 226,000 37,339 Perfectech International Holdings, Ltd. 571,450 64,983 Pico Far East Holdings, Ltd. 3,238,000 751,121 # Playmates Holdings, Ltd. 5,047,000 824,823 Pokfulam Development Co., Ltd. 234,000 150,704 * Pokphand (C.P.) Co., Ltd. 5,970,000 185,602 # Poly Hong Kong Investment, Ltd. 3,438,000 927,473 * Poly Investments Holdings, Ltd. 267,000 57,433 Ports Design, Ltd. 1,507,500 4,007,783 * Premium Land, Ltd. 645,000 104,065

15

# Prime Success International Group, Ltd. 4,538,000 $ 4,904,674 Proview International Holdings, Ltd. 1,584,884 216,417 # Public Financial Holdings, Ltd. 2,876,000 2,186,738 PYI Corp., Ltd. 4,094,129 1,816,175 * Pyxis Group, Ltd. 1,936,000 64,475 Qin Jia Yuan Media Services Co., Ltd. 1,295,000 349,472

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * QPL International Holdings, Ltd. 2,009,000 171,344 Quality Healthcare Asia, Ltd. 478,995 214,818 Raymond Industrial, Ltd. 675,400 147,823 Regal Hotels International Holdings, Ltd. 22,882,000 2,016,807 * Riche Multi-Media Holdings, Ltd. 7,060,000 57,549 * Rivera Holdings, Ltd. 5,710,000 229,821 * Riverhill Holdings, Ltd. 4,072 56 # Road King Infrastructure, Ltd. 1,799,000 2,970,192 Roadshow Holdings, Ltd. 1,456,000 131,891 S.A.S. Dragon Holdings, Ltd. 1,696,000 181,589 Sa Sa International Holdings, Ltd. 3,260,000 954,358 Safety Godown Co., Ltd. 408,000 182,305 * San Miguel Brewery Hong Kong, Ltd. 612,800 117,366 * Sanyuan Group, Ltd. 415,000 7,967 SCMP Group, Ltd. 4,380,000 1,580,597 Sea Holdings, Ltd. 832,000 458,912 * Seapower Resources International, Ltd. 16,551,680 436,269 SEEC Media Group, Ltd. 2,550,000 106,150 * Shanghai Allied Cement, Ltd. 1,152,080 86,756 # Shanghai Real Estates, Ltd. 5,678,000 1,415,183 * Shanghai Zenghai Property, Ltd. 10,597,000 390,786 Shaw Brothers Hong Kong, Ltd. 639,000 1,159,285 Shell Electric Manufacturing (Holdings) Co., Ltd. 1,254,172 455,245 Shenyin Wanguo (Hong Kong), Ltd. 1,212,500 354,751 # Shenzhen International Holdings, Ltd. 29,925,000 2,062,199 * Shougang Concord Century Holdings, Ltd. 3,916,000 329,102 * Shougang Concord Grand (Group), Ltd. 2,451,000 181,939 # Shougang Concord International Enterprises Co., Ltd. 16,002,000 1,185,329 * Shougang Concord Technology Holdings, Ltd. 2,639,809 246,026 # Shui On Construction & Materials, Ltd. 736,000 1,652,424 * Shun Ho Resources Holdings, Ltd. 483,000 44,325 * Shun Ho Technology Holdings, Ltd. 1,037,452 102,821 # Silver Grant International Industries, Ltd. 5,033,000 1,299,024 * Sincere Co., Ltd. 505,500 25,932 Sing Tao News Corp., Ltd. 1,842,000 305,411 # Singamas Container Holdings, Ltd. 1,608,000 902,875 Sino Biopharmaceutical, Ltd. 5,880,000 997,183 * Sino Gas Group, Ltd. 3,277,600 224,562 Sino Golf Holdings, Ltd. 438,000 57,884 * Sino Prosper Holdings, Ltd. 2,390,000 195,764 * Sinocan Holdings, Ltd. 350,000 1,747 SinoCom Software Group, Ltd. 2,486,000 445,105 * Sino-i Technology, Ltd. 51,703,158 781,795 Sinolink Worldwide Holdings, Ltd. 7,857,600 1,700,926 Sinopec Kantons Holdings, Ltd. 2,788,000 740,710 # * Skyfame Realty Holdings, Ltd. 2,737,750 559,506 Skyworth Digital Holdings, Ltd. 5,920,000 702,725 Smartone Telecommunications Holdings, Ltd. 1,263,000 1,454,705 * SMI Publishing Group, Ltd. 250,511 481

16

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Softbank Investment International (Strategic), Ltd. 7,398,000 $ 93,585 Solartech International Holdings, Ltd. 49,600 4,495 # Solomon Systech International, Ltd. 6,810,000 1,067,721 * South China Brokerage Co., Ltd. 4,872,000 66,751 * South China Industries, Ltd. 1,124,000 172,974 Southeast Asia Properties & Finance, Ltd. 263,538 40,474 Starlight International Holdings, Ltd. 1,903,792 616,179 Starlite Holdings, Ltd. 694,000 42,094 Stelux Holdings International, Ltd. 1,307,702 108,228 * Styland Holdings, Ltd. 101,808 287 Sun Hing Vision Group Holdings, Ltd. 358,000 150,281 Sun Hung Kai & Co., Ltd. 3,323,600 2,894,938 Sun Innovation Holdings, Ltd. 14,203 3,798 Sunway International Holdings, Ltd. 866,000 30,201 SW Kingsway Capitol Holdings, Ltd. 2,206,000 65,097 # Symphony Holdings, Ltd. 4,305,000 620,322 Tack Fat Group International, Ltd. 4,448,000 671,436 Tack Hsin Holdings, Ltd. 542,000 23,912 Tai Cheung Holdings, Ltd. 1,641,000 1,004,351 Tai Fook Securities Group, Ltd. 1,506,000 362,219 Tai Sang Land Development, Ltd. 576,984 239,857 * Tak Shun Technology Group, Ltd. 3,723,200 299,062 Tak Sing Alliance Holdings, Ltd. 2,909,865 850,201 # Tan Chong International, Ltd. 1,212,000 294,021 TCC International Holdings, Ltd. 1,124,000 206,067 * TCL Communication Technology Holdings, Ltd. 5,930,000 189,034 # * TCL Multimedia Technology Holdings, Ltd. 9,606,000 736,704 * Technology Venture Holdings, Ltd. 586,000 26,269 Techtronic Industries Co., Ltd. 630,000 757,882 * Termbray Industries International (Holdings), Ltd. 2,304,900 153,394 Tern Properties Co., Ltd. 61,200 24,046 * Texhong Textile Group, Ltd. 1,930,000 375,521 Texwinca Holdings, Ltd. 3,610,000 2,431,921 * The Sun’s Group, Ltd. 17,004 2,523 * Tian An China Investments Co., Ltd. 3,081,275 2,361,916 Tian Teck Land, Ltd. 1,098,000 719,393 # Tianjin Development Holdings, Ltd. 2,484,000 1,869,367 * Tidetime Sun (Group), Ltd. 196,280 4,668 # Titan Petrochemicals Group, Ltd. 10,420,000 761,401 * Tomorrow International Holdings, Ltd. 129,642 28,477 Tongda Group Holdings, Ltd. 8,210,000 608,138 Tonic Industries Holdings, Ltd. 1,380,000 51,455 # Top Form International, Ltd. 2,760,000 447,664 * Topsearch International (Holdings), Ltd. 234,000 28,081 Tristate Holdings, Ltd. 188,000 62,077 Truly International Holdings, Ltd. 1,288,000 1,194,558 Tungtex (Holdings) Co., Ltd. 910,000 248,997 * Tysan Holdings, Ltd. 1,040,773 65,935 * United Power Investment, Ltd. 4,568,000 213,112

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Universe International Holdings, Ltd. 573,339 13,949 * Upbest Group, Ltd. 3,280,000 917,756 U-Right International Holdings, Ltd. 4,746,000 197,162 USI Holdings, Ltd. 988,999 573,388 Van Shung Chong Holdings, Ltd. 359,335 54,475 Varitronix International, Ltd. 907,293 490,909

17

Vedan International (Holdings), Ltd. 640,000 $ 82,753 Veeko International Holdings, Ltd. 1,420,000 28,214 # Victory City International Holdings, Ltd. 1,787,856 743,961 * Vital Biotech Holdings, Ltd. 470,000 11,643 Vitasoy International Holdings, Ltd. 2,805,000 1,178,339 # * Vongroup, Ltd. 3,570,000 302,940 VS International Group, Ltd. 1,068,000 41,718 * VST Holdings, Ltd. 2,202,000 648,651 Vtech Holdings, Ltd. 657,000 4,727,442 Wah Ha Realty Co., Ltd. 278,600 73,452 * Wah Nam International Holdings, Ltd. 38,696 877 Wai Kee Holdings, Ltd. 2,057,738 789,844 Wang On Group, Ltd. 467,223 418,082 * Warderly International Holdings, Ltd. 520,000 36,483 Wellnet Holdings, Ltd. 2,553,200 231,940 * Willie International Holdings, Ltd. 4,476,000 83,573 * Winfoong International, Ltd. 1,210,000 81,972 Wing On Co. International, Ltd. 802,000 1,330,755 * Wing Shan International, Ltd. 896,000 53,126 Wong’s International (Holdings), Ltd. 737,641 85,547 * Wonson International Holdings, Ltd. 202,000 22,700 * World Houseware (Holdings), Ltd. 605,700 15,116 # * Xinyi Glass Holding Co., Ltd. 3,170,000 1,559,577 Y. T. Realty Group, Ltd. 965,000 191,267 Yangtzekiang Garment Manufacturing Co., Ltd. 607,500 108,048 * Yanion International Holdings, Ltd. 1,538,000 459,537 * Yaohan International Holdings, Ltd. 974,000 0 * Yau Lee Holdings, Ltd. 534,000 35,538 YGM Trading, Ltd. 284,000 212,473 Yip’s Chemical Holdings, Ltd. 1,176,000 597,166 Yugang International, Ltd. 21,940,000 797,230 * Yunnan Enterprises Holdings, Ltd. 240,000 15,059 TOTAL COMMON STOCKS 287,335,660

RIGHTS/WARRANTS — (0.0%) * Allied Properties, Ltd. Warrants 06/06/09 204,120 20,899 # * Champion Technology Holdings, Ltd. Warrants 08/03/08 676,493 26,840 * Cheuk Nang (Holdings), Ltd. Warrants 02/11/09 48,828 12,748 * Chun Wo Holdings, Ltd. Warrants 02/28/09 334,383 13,695 * Global Green Tech Group, Ltd. Warrants 07/07/08 133,600 2,702 * Honesty Treasure International Holdings, Ltd. Warrants 06/06/09 410,800 3,260

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Hop Hing Holdings, Ltd. Warrants 04/30/09 132,053 3,600 # * Playmates Holdings, Ltd. Warrants 05/27/07 793,800 23,773 * Skyfame Realty Holdings, Ltd. Warrants 08/02/08 427,500 26,809 * Topsearch International (Holdings), Ltd. Warrants 10/31/08 23,400 222 TOTAL RIGHTS/WARRANTS 134,548

TOTAL — HONG KONG 287,470,208

MALAYSIA — (0.0%) COMMON STOCKS — (0.0%) * Autoways Holdings Berhad 10,000 3,731 * Promet Berhad 1,143,000 0

18

* Rekapacific Berhad 473,000 $ 0

TOTAL — MALAYSIA 3,731

NEW ZEALAND — (2.6%) COMMON STOCKS — (2.6%) * Abano Healthcare Group, Ltd. 31,300 65,891 AFFCO Holdings, Ltd. 1,806,887 491,500 # * CanWest Media Works (NZ), Ltd. 333,144 522,549 Cavalier Corp., Ltd. 283,674 688,751 CDL Hotels New Zealand, Ltd. 1,387,344 743,011 CDL Investments New Zealand, Ltd. 370,498 105,930 Colonial Motor Co., Ltd. 126,795 330,273 Ebos Group, Ltd. 149,477 575,329 # Fisher & Paykel Appliances Holdings, Ltd. 1,161,792 3,041,521 # Freightways, Ltd. 508,275 1,577,683 Hallenstein Glassons Holdings, Ltd. 241,638 863,917 Hellaby Holdings, Ltd. 218,615 608,449 Horizon Energy Distribution, Ltd. 40,420 111,374 # Infratil, Ltd. 275,800 1,105,492 Mainfreight, Ltd. 348,717 1,819,255 Michael Hill International, Ltd. 156,746 1,023,461 * New Zealand Oil & Gas, Ltd. 823,359 529,146 New Zealand Refining Co., Ltd. 392,780 1,724,788 Northland Port Corp. (New Zealand), Ltd. 219,997 502,416 # Nuplex Industries, Ltd. 327,516 1,718,316 # Port of Tauranga, Ltd. 541,952 2,358,158 Provenco Group, Ltd. 524,201 370,385 Pumpkin Patch, Ltd. 505,313 1,561,490 # Pyne Gould Guinness, Ltd. 802,384 846,815 # Restaurant Brand New Zealand, Ltd. 369,175 236,966 * Richina Pacific, Ltd. 309,644 86,048 * Rubicon, Ltd. 995,760 682,407 Ryman Healthcare Group, Ltd. 2,079,995 3,351,457 Sanford, Ltd. 418,047 1,444,763

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Scott Technology, Ltd. 60,843 100,060 * Seafresh New Zealand, Ltd. 80,520 1,610 South Port New Zealand, Ltd. 30,744 47,116 Southern Capital, Ltd. 98,000 83,223 Steel & Tube Holdings, Ltd. 379,638 1,180,310 * Tasman Farms, Ltd. 157,056 0 Taylors Group, Ltd. 29,646 41,296 * Tenon, Ltd. 19,132 40,998 Tourism Holdings, Ltd. 402,452 666,037 * Tower, Ltd. 729,717 1,169,627 Warehouse Group, Ltd. 200,774 968,597 TOTAL COMMON STOCKS 33,386,415

RIGHTS/WARRANTS — (0.0%) * New Zealand Oil & Gas, Ltd. Warrants 06/30/08 350,923 26,322

TOTAL — NEW ZEALAND 33,412,737

19

SINGAPORE — (8.1%) COMMON STOCKS — (8.1%) * Acma, Ltd. 3,040,700 $ 132,322 * Addvalue Technologies, Ltd. 1,043,000 69,035 # * Advanced Holdings, Ltd. 343,000 63,036 * AEM-Evertech Holdings, Ltd. 558,000 84,560 Amtek Engineering, Ltd. 1,599,250 722,716 Apollo Enterprises, Ltd. 193,000 158,325 * Aqua-Terra Supply Co., Ltd. 310,000 92,535 Armstrong Industrial Corp. 1,460,000 167,433 * ASA Group Holdings, Ltd. 586,000 34,751 * ASI Marine Holdings, Ltd. 440,000 294,424 * Asia Environment Holdings, Ltd. 375,000 120,657 * A-Sonic Aerospace, Ltd. 626,996 96,918 Aussino Group, Ltd. 967,000 271,817 # Benjamin (F.J.) Holdings, Ltd. 1,095,000 514,435 * Best World International, Ltd. 218,000 133,070 Beyonics Technology, Ltd. 1,945,800 454,194 Bonvests Holdings, Ltd. 825,000 1,080,299 * BRC Asia, Ltd. 794,000 81,068 Broadway Industrial Group, Ltd. 461,000 260,023 * Brothers (Holdings), Ltd. 252,314 67,552 # Bukit Sembawang Estates, Ltd 214,002 1,523,893 * CEI Contract Manufacturing, Ltd. 432,000 52,651 Cerebos Pacific, Ltd. 282,000 616,142 CH Offshore, Ltd. 1,304,200 360,773 Chemical Industries (Far East), Ltd. 105,910 49,564 # China Dairy Group, Ltd. 1,502,000 477,861 China Merchants Holdings Pacific, Ltd. 652,000 347,291 * China Petrotech Holdings 324,000 119,970

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Chip Eng Seng Corp., Ltd. 1,775,000 448,506 Chosen Holdings, Ltd. 1,284,000 131,838 Chuan Hup Holdings, Ltd. 4,385,000 980,832 * Chuan Soon Huat Industrial Group, Ltd. 614,000 36,338 * Compact Metal Industries, Ltd. 643,000 12,688 Cougar Logistics Corp. 482,500 88,950 Courts Singapore, Ltd. 495,000 221,215 # Creative Technology Co., Ltd. 171,900 1,100,117 # * CSC Holdings, Ltd. 1,649,000 273,234 CSE Global, Ltd. 1,262,000 1,253,718 CWT, Ltd. 923,000 570,453 * Delong Holdings, Ltd. 8,056,000 1,297,101 Eagle Brand Holdings, Ltd. 5,158,000 186,819 * Eastern Asia Technology, Ltd. 1,844,260 133,289 * Eastgate Technology, Ltd. 870,000 28,891 ECS Holdings, Ltd. 1,375,000 387,783 Ellipsiz, Ltd. 338,000 217,428 Eng Wah Organisation, Ltd. 265,000 41,223 Engro Corp., Ltd. 236,000 174,194 * Enviro-Hub Holdings, Ltd. 876,666 313,351 * Eu Yan Sang International, Ltd. 182,000 76,101 * Eucon Holdings, Ltd. 755,000 81,762 # Ezra Holdings Pte, Ltd. 335,000 1,192,708 Federal International (2000), Ltd. 308,000 98,987 * Firstlink Investments Corp., Ltd. 995,000 65,549 * Food Empire Holdings, Ltd. 834,000 567,197

20

Freight Links Express Holdings, Ltd. 3,893,000 $ 202,562 Frontline Technologies Corp., Ltd. 3,170,000 260,913 # Fu Yu Manufacturing, Ltd. 2,273,750 420,270 Fuji Offset Plates Manufacturing, Ltd. 33,750 8,720 GB Holdings, Ltd. 200,000 129,711 GK Goh Holdings, Ltd. 1,494,000 1,033,241 # * Global Voice Group, Ltd. 2,054,000 208,573 # Goodpack, Ltd. 1,592,000 1,581,930 GP Industries, Ltd. 3,120,209 1,022,395 # Guocoland, Ltd. 1,312,000 3,633,538 * Hersing Corp., Ltd. 257,000 77,370 Hiap Moh Corp., Ltd. 34,874 12,413 # Hi-P International, Ltd. 1,404,000 710,966 Ho Bee Investment, Ltd. 1,319,000 1,962,878 * Hong Fok Corp., Ltd. 1,796,000 1,548,655 Hong Leong Asia, Ltd. 1,048,000 1,322,754 Hotel Grand Central, Ltd. 968,395 656,730 Hotel Plaza, Ltd. 1,189,000 1,807,513 Hotel Properties, Ltd. 1,675,000 5,615,379 Hour Glass, Ltd. 311,372 262,510 # HTL International Holdings, Ltd. 1,839,843 1,100,306

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Huan Hsin Holdings, Ltd. 1,138,400 404,315 HupSteel, Ltd. 1,350,300 457,259 Hwa Hong Corp., Ltd. 2,488,000 1,180,569 # Hyflux, Ltd. 663,000 1,159,119 # IDT Holdings, Ltd. 718,000 224,526 IFS Capital, Ltd. 290,000 204,143 * Indofood Agri Resources, Ltd. 10,488 8,120 * Inno-Pacific Holdings, Ltd. 680,000 13,481 Innovalues Precision, Ltd. 520,000 457,717 Internet Technology Group, Ltd. 874,408 25,936 * Interra Resources, Ltd. 37,086 8,365 * Intraco, Ltd. 292,500 96,069 IPC Corp., Ltd. 700,000 73,714 Isetan (Singapore), Ltd. 122,500 511,767 * Jadason Enterprises, Ltd. 580,000 89,643 * Jasper Investments, Ltd. 2,267,000 29,939 Jaya Holdings, Ltd. 2,733,000 2,603,235 JK Yaming International, Ltd. 907,000 219,703 Jurong Cement, Ltd. 132,500 156,978 Jurong Technologies Industrial Corp., Ltd. 1,590,600 797,441 K1 Ventures, Ltd. 5,340,500 1,159,569 # Keppel Telecommunications and Transportation, Ltd. 2,058,000 3,248,012 Khong Guan Flour Milling, Ltd. 19,000 32,834 Kian Ann Engineering, Ltd. 868,000 137,114 Kian Ho Bearings, Ltd. 781,500 138,858 Kim Eng Holdings, Ltd. 859,000 903,708 Koh Brothers, Ltd. 1,494,000 381,070 * KS Energy Services, Ltd. 125,000 240,960 * L & M Group Investments, Ltd. 7,107,100 23,423 # Labroy Marine, Ltd. 3,343,000 4,514,131 * LanTroVision (S), Ltd. 1,676,250 65,440 LC Development, Ltd. 2,041,254 301,589 Lee Kim Tah Holdings, Ltd. 1,600,000 597,680 * Liang Huat Aluminium, Ltd. 2,954,000 58,384

21

* Lion Asiapac, Ltd. 473,000 $ 50,953 Low Keng Huat Singapore, Ltd. 372,000 528,330 Lum Chang Holdings, Ltd. 1,134,030 238,461 Magnecomp International, Ltd. 931,000 429,905 * Manhattan Resources, Ltd. 459,000 125,237 Manufacturing Integration Technology, Ltd. 588,000 81,310 * MDR, Ltd. 2,040,000 74,523 # * Mediaring.Com, Ltd. 4,262,500 1,086,881 * Memtech International, Ltd. 1,044,000 147,158 Metro Holdings, Ltd. 2,256,960 1,278,559 Midas Holdings, Ltd. 598,000 659,291 * Miyoshi Precision, Ltd. 369,000 73,986 MMI Holdings, Ltd. 1,994,000 2,186,578

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Multi-Chem, Ltd. 1,263,000 185,419 Natsteel, Ltd. 273,000 271,364 Nera Telecommunications, Ltd. 1,450,000 391,952 New Toyo International Holdings, Ltd. 1,043,000 210,009 Norelco Centreline Holdings, Ltd. 941,000 317,996 * Orchard Parade Holdings, Ltd. 1,084,022 921,870 # Osim International, Ltd. 1,965,600 1,210,500 Ossia International, Ltd. 728,332 96,088 Pan-United Corp., Ltd. 2,193,000 1,232,473 Pan-United Marine, Ltd. 1,096,500 1,360,697 PCI, Ltd. 734,000 200,481 * Penguin Boat International, Ltd. 320,000 38,852 Pertama Holdings, Ltd. 459,750 125,755 * Petra Foods, Ltd. 5,000 5,533 Popular Holdings, Ltd. 1,813,000 369,688 PSC Corp., Ltd. 5,723,200 359,687 QAF, Ltd. 668,000 239,070 Qian Hu Corp., Ltd. 408,200 84,940 Robinson & Co., Ltd. 284,832 954,020 Rotary Engineering, Ltd. 2,273,600 1,389,050 San Teh, Ltd. 838,406 282,170 SBS Transit, Ltd. 1,011,000 1,914,288 * SC Global Developments, Ltd. 266,000 812,871 * Sea View Hotel, Ltd. 66,000 0 * Seatown Corp., Ltd. 101,000 1,997 Sembawang Kimtrans, Ltd. 1,618,750 706,882 * Sim Lian Group, Ltd. 364,000 149,882 Sin Soon Huat, Ltd. 1,307,000 226,463 Sing Investments & Finance, Ltd. 141,750 188,892 # Singapore Food Industries, Ltd. 1,707,000 1,023,837 Singapore Reinsurance Corp., Ltd 1,695,028 346,307 Singapore Shipping Corp., Ltd. 1,930,000 483,206 Singapura Finance, Ltd. 174,062 182,165 # * Sinomem Technology, Ltd. 902,000 584,185 SMB United, Ltd. 2,010,000 370,671 SNP Corp., Ltd. 466,495 322,219 * SP Chemicals, Ltd. 697,000 489,661 * SP Corp., Ltd. 454,000 33,113 Stamford Land Corp., Ltd. 3,229,000 871,467 # Straits Trading Co., Ltd. 1,117,200 3,052,709 * Sunningdale Tech, Ltd. 1,027,000 195,045 * Sunright, Ltd. 378,000 98,247

22

Superbowl Holdings, Ltd. 980,000 $ 128,848 Superior Metal Printing, Ltd. 490,500 41,931 # Tat Hong Holdings, Ltd. 898,000 814,708 * Thakral Corp., Ltd. 6,028,000 375,685 Tiong Woon Corp. Holding, Ltd. 1,359,000 496,232

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Transmarco, Ltd. 106,500 52,228 Trek 2000 International, Ltd. 1,004,000 253,398 TT International, Ltd. 2,109,600 368,399 * Tuan Sing Holdings, Ltd. 3,362,000 629,992 * Ultro Technologies, Ltd. 530,000 30,912 Unisteel Technology, Ltd. 1,217,500 2,356,556 United Engineers, Ltd. 846,666 1,791,478 United Overseas Insurance, Ltd. 125,500 353,509 * United Pulp & Paper Co., Ltd. 354,000 96,070 # * United Test & Assembly Center, Ltd. 1,052,000 627,680 UOB-Kay Hian Holdings, Ltd. 1,681,000 1,703,761 Vicom, Ltd. 120,000 116,849 # WBL Corp., Ltd. 647,000 1,965,594 Xpress Holdings, Ltd. 2,342,000 223,096 * Yellow Pages (Singapore), Ltd. 248,000 210,887 * YHI International, Ltd. 977,000 250,793 Yoma Strategic Holdings, Ltd. 132,000 27,041 * Yongnam Holdings, Ltd. 1,506,000 275,120 TOTAL COMMON STOCKS 104,985,385

RIGHTS/WARRANTS — (0.0%) # * Bukit Sembawang Estates, Ltd. Warrants 11/13/07 107,001 469,009 * Eastgate Technology, Ltd. Warrants 09/11/11 174,000 3,441 * Singapura Finance, Ltd. Warrants 02/24/09 34,812 13,079 TOTAL RIGHTS/WARRANTS 485,529

TOTAL — SINGAPORE 105,470,914

UNITED KINGDOM — (0.1%) COMMON STOCKS — (0.1%) Tullow Oil P.L.C. 290,691 2,080,170

UNITED STATES — (0.0%) COMMON STOCKS — (0.0%) * Exergy, Inc. 7,260 0

Face Amount Value† (000) TEMPORARY CASH INVESTMENTS — (0.3%) Repurchase Agreement, PNC Capital Markets, Inc. 5.19%, 04/02/07 (Collateralized by $8,990,000 FNMA 4.50%, 05/25/17, valued at $4,551,867) to be repurchased at $4,484,939 $ 4,483 4,483,000

23

SECURITIES LENDING COLLATERAL — (28.6%)

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Repurchase Agreement, Countrywide Securities 5.38%, 04/02/07 (Collateralized by $10,068,181 FHLMC 5.000%, 04/15/34 & FNMA 6.500%, 02/01/37, valued at $10,255,702) to be repurchased at $10,056,105 10,055 $ 10,054,602 Repurchase Agreement, Deutsche Bank Securities 5.39%, 04/02/07 (Collateralized by $469,964,346 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 12/01/11 to 03/01/37, valued at $344,148,001) to be repurchased at $337,450,516 337,400 337,400,000 Repurchase Agreement, UBS Warburg LLC 5.38%, 04/02/07 (Collateralized by $24,990,000 FNMA 6.000%, 02/01/37, valued at $25,288,559) to be repurchased at $24,796,232 24,793 24,792,527 TOTAL SECURITIES LENDING COLLATERAL 372,247,129

TOTAL INVESTMENTS - (100.0%) (Cost $1,057,176,868)## $ 1,302,164,955

See accompanying Notes to Financial Statements.

24

THE UNITED KINGDOM SMALL COMPANY SERIES SCHEDULE OF INVESTMENTS March 31, 2007 (Unaudited)

Shares Value ††

COMMON STOCKS — (98.9%) Consumer Discretionary — (18.9%) 4imprint Group P.L.C. 96,735 $ 860,962 * Abbeycrest P.L.C. 42,590 15,505 Aga Food Service Group P.L.C. 486,985 3,815,882 Alba P.L.C. 184,693 689,740 Alexandra P.L.C. 124,343 327,846 Alexon Group P.L.C. 205,641 843,819 Alpha Airports Group P.L.C. 489,053 672,669 Arena Leisure P.L.C. 1,411,547 1,828,276 Avon Rubber P.L.C. 126,434 475,486 Beale P.L.C. 22,161 29,304 Bellway P.L.C. 298,107 9,339,194 Ben Bailey P.L.C. 40,986 549,373 Blacks Leisure Group P.L.C. 181,058 1,108,269 Bloomsbury Publishing P.L.C. 281,545 1,099,801 Boot (Henry) P.L.C. 81,607 1,894,146 Bovis Homes Group P.L.C. 449,404 10,199,575 BPP Holdings P.L.C. 222,896 2,778,389 Brown (N) Group P.L.C. 898,268 5,755,255 Caffyns P.L.C. 6,000 123,384 Carpetright P.L.C. 141,976 3,247,715 * Celtic P.L.C. 61,138 58,640 Centaur Media P.L.C. 523,800 1,446,352

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Character Group P.L.C. 97,314 353,022 Chime Communications P.L.C. 1,055,433 1,069,224 Chrysalis Group P.L.C. 526,419 1,444,652 Churchill China P.L.C. 30,000 160,086 Clinton Cards P.L.C. 740,506 896,796 Colefax Group P.L.C. 60,000 245,706 Cosalt P.L.C. 47,460 348,104 Crest Nicholson P.L.C. 333,923 4,070,293 Creston P.L.C. 213,773 767,173 Dawson Holdings P.L.C. 194,502 413,899 * Dawson International P.L.C. 100,688 9,782 Dignity P.L.C. 252,324 3,316,616 * Entertainment Rights P.L.C. 2,258,940 1,478,599 Euromoney Institutional Investor P.L.C. 277,986 3,279,139 Findel P.L.C. 380,020 5,195,650 First Choice Holidays P.L.C. 1,764,534 10,003,536 * Forminster P.L.C. 43,333 3,198 French Connection Group P.L.C. 314,710 1,374,091 Fuller Smith & Turner P.L.C. Series A 53,097 1,870,476 Future P.L.C. 933,632 770,827 * Galiform P.L.C. 2,006,635 6,141,908

1

Game Group P.L.C. 1,507,827 $ 4,174,496 Games Workshop Group P.L.C. 104,823 728,933 * Gaskell P.L.C. 36,000 1,771 GCAP Media P.L.C. 564,659 2,389,142 * Global Natural Energy P.L.C. 11,004 20,232 Greene King P.L.C. 411,407 8,929,736 Halfords Group P.L.C. 954,932 7,179,784 Haynes Publishing Group P.L.C. 14,703 93,553 Headlam Group P.L.C. 305,483 3,581,114 * Highbury House Communications P.L.C. 439,166 0 HMV Group P.L.C. 1,650,324 3,605,864 Holidaybreak P.L.C. 182,382 2,746,766 Hornby P.L.C. 154,220 896,757 Huntsworth P.L.C. 818,058 1,706,330 * Instore P.L.C. 818,461 334,200 Investinmedia P.L.C. 29,998 79,006 Jessops P.L.C. 461,640 136,242 JJB Sports P.L.C. 835,083 4,131,576 John David Group P.L.C. 114,500 986,608 Johnston Press P.L.C. 351,694 3,223,427 Lambert Howarth Group P.L.C. 43,203 48,737 * Land of Leather Holdings P.L.C. 156,210 897,258 Laura Ashley Holdings P.L.C. 2,887,571 1,622,147 Lookers P.L.C. 709,211 2,849,071 Luminar P.L.C. 280,268 4,163,832 Mallett P.L.C. 46,337 218,727

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Manganese Bronze Holdings P.L.C. 62,777 992,825 Marchpole Holdings P.L.C. 111,635 366,099 * Mayflower Corp. P.L.C. 550,636 0 Menzies (John) P.L.C. 219,888 2,290,218 Mice Group P.L.C. 844,000 401,148 Millennium and Copthorne Hotels P.L.C. 204,514 2,739,250 * Monsoon P.L.C. 71,000 549,856 Moss Bros Group P.L.C. 234,511 303,828 Mothercare P.L.C. 283,079 2,269,705 * MyTravel Group P.L.C. 1,643,447 10,138,925 * Newcastle United P.L.C. 253,896 311,889 Next Fifteen Communications P.L.C. 25,000 46,818 * Nord Anglia Education P.L.C. 130,842 825,625 Northamber P.L.C. 75,888 101,645 * NXT P.L.C. 339,588 193,645 * Owen (H.R.) P.L.C. 71,542 151,196 * Pace Micro Technology P.L.C. 638,041 917,839 * Partridge Fine Arts P.L.C. 26,127 21,337 # Pendragon P.L.C. 2,261,855 5,382,224 Photo-Me International P.L.C. 1,340,534 1,841,645 * Pinewood Shep P.L.C. 187,350 815,386 * Pittards P.L.C. 60,985 6,069 Portmeirion Group P.L.C. 22,856 155,400 * Pressac P.L.C. 78,129 1,153 * QXL Ricardo P.L.C. 61,280 1,149,821 Redrow P.L.C. 644,914 8,274,474 * Regent Inns P.L.C. 459,957 986,108 Restaurant Group P.L.C. 753,607 5,440,418 * Sanctuary Group P.L.C. 690,814 173,971

2

SCS Upholstery P.L.C. 127,472 $ 999,122 Sinclair (William) Holdings P.L.C. 53,000 105,254 Sirdar P.L.C. 69,754 39,864 SMG P.L.C. 965,594 1,205,815 Smith News P.L.C. 635,227 1,738,306 * Southampton Leisure Holdings P.L.C. 19,615 18,818 * SPG Media Group P.L.C. 75,298 8,150 * Sportech P.L.C. 1,096,974 339,917 St. Ives P.L.C. 399,504 2,452,496 * Stylo P.L.C. 64,096 98,762 Taylor Nelson Sofres P.L.C. 1,605,792 7,465,038 Ted Baker P.L.C. 161,948 1,868,153 * TG21 P.L.C. 85,507 8,835 * Tinopolis P.L.C. 175,752 124,507 Topps Tiles P.L.C. 712,603 4,210,544 * Torotrak P.L.C. 316,569 288,352 * Tottenham Hotspur P.L.C. 150,000 251,332 UTV P.L.C. 217,432 1,835,698

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Victoria P.L.C. 12,000 55,639 Vitec Group P.L.C. 134,662 1,567,704 Wagon P.L.C. 227,775 604,277 * Wembley P.L.C. 68,694 2,704 * Westcity P.L.C. 96,111 85,582 Wetherspoon (J.D.) P.L.C. 552,111 8,173,172 WH Smith P.L.C. 635,227 5,151,758 Wilmington Group P.L.C. 310,304 1,561,982 Wilson Bowden P.L.C. 7,000 291,400 Woolworths Group P.L.C. 5,587,422 3,379,260 Total Consumer Discretionary 235,898,626

Consumer Staples — (4.3%) Anglo-Eastern Plantations P.L.C. 111,453 684,792 Arla Foods UK P.L.C. 1,960,198 2,733,393 Barr (A.G.) P.L.C. 59,252 1,481,284 Cranswick P.L.C. 159,211 2,947,721 Dairy Crest Group P.L.C. 499,825 6,556,549 Devro P.L.C. 623,198 1,670,160 * European Home Retail P.L.C. 109,256 45,150 Greggs P.L.C. 38,326 3,643,586 Marston’s P.L.C. 1,139,704 9,902,831 McBride P.L.C. 723,350 3,404,552 Nichols P.L.C. 66,550 402,232 Northern Foods P.L.C. 1,762,847 4,272,406 Premier Foods P.L.C. 1,020,492 5,860,059 PZ Cussons P.L.C. 1,207,838 4,078,912 R.E.A. Holdings P.L.C. 34,233 272,296 Robert Wiseman Dairies P.L.C. 283,369 2,567,977 * Swallowfield P.L.C. 15,000 19,651 Thorntons P.L.C. 313,060 1,124,038 Uniq P.L.C. 463,373 1,753,791 Young & Co’s Brewery P.L.C. 10,000 490,128 Young & Co’s Brewery P.L.C. Class A 5,234 320,917 Total Consumer Staples 54,232,425

3

Energy — (6.5%) Abbot Group P.L.C. 896,741 $ 4,690,637 Anglo Pacific Group P.L.C. 333,865 920,046 Burren Energy P.L.C. 421,226 6,610,616 * Dana Petroleum P.L.C. 337,760 6,484,743 * Emerald Energy P.L.C. 220,639 626,713 Expro International Group P.L.C. 417,648 7,239,113 Fisher (James) & Sons P.L.C. 192,145 2,283,967 * Fortune Oil P.L.C. 5,933,254 679,123 Hunting P.L.C. 441,804 6,568,171 JKX Oil and Gas P.L.C. 501,885 3,001,621 * KBC Advanced Technologies P.L.C. 163,011 172,400

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Lupus Capital P.L.C. 429,989 161,739 Melrose Resources P.L.C. 388,991 3,115,444 * Premier Oil P.L.C. 331,220 8,225,358 * Soco International P.L.C. 294,449 9,042,515 Sondex P.L.C. 252,247 1,782,529 * U.K. Coal P.L.C. 590,118 6,412,300 * Venture Production P.L.C. 434,519 5,655,471 Wood Group (John) P.L.C. 1,504,358 7,933,577 Total Energy 81,606,083

Financials — (18.5%) Aberdeen Asset Management P.L.C. 2,223,016 9,510,809 Arbuthnot Banking Group P.L.C. 67,329 739,013 Atrium Underwriting P.L.C. 180,581 999,557 * Bradstock Group P.L.C. 5,200 4,502 Brewin Dolphin Holdings P.L.C. 874,105 3,188,656 Brit Insurance Holdings P.L.C. 1,320,379 8,378,383 Brixton P.L.C. 952,536 9,541,026 Capital & Regional P.L.C. 275,300 8,341,250 * Catlin Group, Ltd. 242,131 2,382,316 Chesnara P.L.C. 92,900 338,997 * CLS Holdings P.L.C. 268,490 3,881,106 * Collins Stewart P.L.C. 407,502 2,040,837 Countrywide P.L.C. 628,110 7,340,326 Daejan Holdings P.L.C. 43,621 4,512,923 Derwent Valley Holdings P.L.C. 400,762 17,149,649 Development Securities P.L.C. 177,708 2,237,984 Domestic & General Group P.L.C. 150,694 3,485,479 DTZ Holdings P.L.C. 209,951 2,747,478 Erinaceous Group P.L.C. 465,172 1,931,074 Evolution Group P.L.C. 1,152,902 3,347,111 F&C Asset Management P.L.C. 1,670,683 6,101,832 * Freeport P.L.C. 152,318 1,201,454 Grainger Trust P.L.C. 436,048 5,531,852 Great Portland Estates P.L.C. 722,131 11,032,536 Guiness Peat Group P.L.C. 1,424,556 2,325,444 * Hampton Trust P.L.C. 232,050 0 Hardy Underwriting Group P.L.C. 138,704 780,644 * Hawtin P.L.C. 196,500 55,041 Helical Bar P.L.C. 369,082 3,115,750 * Henderson Group P.L.C. 3,396,725 9,783,063 Highway Insurance Holdings P.L.C. 844,999 1,177,313 Hiscox, Ltd. 1,606,168 8,503,922 Hitachi Capital UK P.L.C. 158,219 707,834

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IG Group Holdings P.L.C. 1,022,499 $ 5,970,889 Intermediate Capital Group P.L.C. 181,009 6,945,746 Jardine Lloyd Thompson Group P.L.C. 678,286 5,870,171

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document JS Real Estate P.L.C. 17,524 239,263 Kensington Group P.L.C. 248,504 3,259,649 Kiln P.L.C. 1,107,206 2,569,830 Liontrust Asset Management P.L.C. 27,832 215,412 London Scottish Bank P.L.C. 491,096 1,115,886 * Marylebone Warwick Balfour Group P.L.C. 379,622 2,192,163 McKay Securities P.L.C. 97,232 893,087 * Minerva P.L.C. 574,142 4,323,100 Mucklow (A & J) Group P.L.C. 221,136 2,090,608 * Panmure Gorden & Co. P.L.C. 15,272 46,940 Paragon Group of Companies P.L.C. 153,200 1,748,925 Park Group P.L.C. 291,600 128,370 Primary Health Properties P.L.C. 61,769 570,101 * Probus Estates P.L.C. 83,333 164 Quintain Estates & Development P.L.C. 161,208 2,841,706 Rathbone Brothers P.L.C. 132,562 3,417,467 Rensburg Sheppards P.L.C. 152,060 2,613,045 Rugby Estates P.L.C. 15,328 183,597 Rutland Trust P.L.C. 85,288 113,416 S & U P.L.C. 21,140 231,630 * Safeland P.L.C. 25,000 47,808 Savills P.L.C. 443,892 5,792,866 Shaftesbury P.L.C. 572,839 8,544,676 Shore Capital Group P.L.C. 1,074,979 1,819,943 St. Modwen Properties P.L.C. 417,287 5,784,080 Stanley (Charles) Group P.L.C. 117,317 778,482 Town Centre Securities P.L.C. 206,327 2,453,411 Tullett Prebon P.L.C. 247,502 2,353,288 Unite Group P.L.C. 457,428 4,677,709 Warner Estate Holdings P.L.C. 172,730 2,755,635 Workspace Group P.L.C. 663,597 6,586,947 Total Financials 231,591,171

Health Care — (2.8%) * Acambis P.L.C. 372,178 940,466 * Alizyme P.L.C. 660,805 1,499,920 * Antisoma P.L.C. 1,491,544 1,463,873 * Ark Theraputics Group P.L.C. 608,010 1,529,401 * Asterand P.L.C. 160,000 16,085 * Axis-Shield P.L.C. 215,716 1,088,382 Bespak P.L.C. 114,539 1,762,259 * Biocompatibles International P.L.C. 150,111 522,500 * Bioquell P.L.C. 90,893 249,696 * BTG P.L.C. 489,797 1,171,759 Care U.K. P.L.C. 205,547 2,727,041 * Clinical Computing P.L.C. 46,666 5,890 Corin Group P.L.C. 151,637 1,153,058 Dechra Pharmaceuticals P.L.C. 204,340 1,283,629 * Ferraris Group P.L.C. 171,391 79,812 * Genetix Group P.L.C. 151,246 232,452 * Global Health Partners P.L.C. 932 3,533

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Goldshield Group P.L.C. 123,034 413,738

5

* Gyrus Group P.L.C. 506,195 $ 4,503,824 * iSOFT Group P.L.C. 737,364 505,451 * MDY Healthcare P.L.C. 586,814 28,202 * Medical Solutions P.L.C. 140,731 17,383 Nestor Healthcare Group P.L.C. 443,850 1,392,008 * Osmetech P.L.C. 66,935 29,701 * Oxford Biomedica P.L.C. 2,007,523 1,855,385 * Phytopharm P.L.C. 111,349 85,140 * Pinnacle Staffing Group P.L.C. 303,219 51,460 * Protherics P.L.C. 1,046,492 1,351,511 * Provalis P.L.C. 796,584 4,703 Ransom (William) & Son P.L.C. 30,000 26,861 * SkyePharma P.L.C. 1,738,458 979,579 SSL International P.L.C. 765,633 6,032,032 Theratase P.L.C. 138,068 166,456 * Vectura Group P.L.C. 491,081 849,394 * Vernalis P.L.C. 1,131,506 1,248,199 Total Health Care 35,270,783

Industrials — (32.7%) * AEA Technology P.L.C. 539,970 1,134,821 Aggreko P.L.C. 1,038,893 10,327,712 Air Partner P.L.C. 35,296 625,956 * Airflow Streamlines P.L.C. 20,500 23,599 Alumasc Group P.L.C. 131,547 571,222 Amec P.L.C. 683,554 7,145,822 Arriva P.L.C. 577,614 8,468,211 Ashtead Group P.L.C. 1,337,718 3,980,148 Atkins (WS) P.L.C. 445,124 8,493,103 * Autologic Holdings P.L.C. 96,590 217,163 * Avis Europe P.L.C. 3,154,308 4,365,375 Babcock International Group P.L.C. 851,276 6,689,662 * Bailey (C.H.) P.L.C. 20,950 37,360 * BB Holdings, Ltd. 8,709 37,485 * BBA Aviation P.L.C. 546,674 3,022,480 Black Arrow Group P.L.C. 56,500 80,608 Bodycote International P.L.C. 1,195,464 7,309,536 Braemar Seascope Group P.L.C. 73,913 588,995 Brammer P.L.C. 189,691 1,198,538 BSS Group P.L.C. 489,028 4,653,487 Business Post Group P.L.C. 199,404 1,807,015 Camellia P.L.C. 2,437 418,773 Carillion P.L.C. 1,140,139 8,974,896 * Carlisle Group, Ltd. 3,484 7,437 Carr’s Milling Industries P.L.C. 35,330 377,466 Carter & Carter Group P.L.C. 122,848 2,938,997

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Castings P.L.C. 163,887 871,501 Charles Taylor Consulting P.L.C. 143,225 1,164,795 * Charter P.L.C. 561,590 9,826,191 Chemring Group P.L.C. 130,647 4,784,627 Chloride Group P.L.C. 1,013,356 3,235,553 Christie Group P.L.C. 53,263 263,670 Clarke (T.) P.L.C. 148,717 673,442 Clarkson P.L.C. 54,733 1,045,332 Communisis P.L.C. 577,296 729,207

6

Cookson Group P.L.C. 694,799 $ 8,502,180 * Corporate Services Group P.L.C. 3,685,688 662,426 * Costain Group P.L.C. 1,306,155 1,327,987 * Danka Business Systems P.L.C. 1,029,605 279,105 Dart Group P.L.C. 296,000 763,204 Datamonitor P.L.C. 276,307 3,212,706 Davis Service Group P.L.C. 657,656 7,545,837 De La Rue P.L.C. 676,542 9,530,512 Dewhurst P.L.C. Class A Non-Voting 15,500 49,413 Dewhurst P.L.C. ORD 9,000 34,447 Domino Printing Sciences P.L.C. 449,538 3,209,416 * easyJet P.L.C. 759,858 10,357,137 Eleco P.L.C. 104,685 199,077 Enodis P.L.C. 1,641,473 6,679,644 Enterprise P.L.C. 270,194 3,191,755 Fenner P.L.C. 596,817 2,524,288 FKI P.L.C. 2,068,038 4,742,659 Forth Ports P.L.C. 184,831 7,542,564 * Fortress Holdings P.L.C. 120,728 6,533 Galliford Try P.L.C. 1,117,974 3,774,739 Gibbs & Dandy P.L.C. 37,672 286,487 Gleeson (M.J.) Group P.L.C. 189,545 1,534,809 Glotel P.L.C. 119,419 141,127 Go-Ahead Group P.L.C. 178,245 8,944,925 * Hampson Industries P.L.C. 320,091 914,165 * Harvey Nash Group P.L.C. 226,666 335,638 Havelock Europa P.L.C. 123,687 399,311 Heath (Samuel) & Sons P.L.C. 7,500 72,318 Helphire Group P.L.C. 553,273 4,805,725 * Heywood Williams Group P.L.C. 297,460 576,493 Homeserve P.L.C. 238,474 8,367,998 Hyder Consulting P.L.C. 159,637 1,453,843 Interserve P.L.C. 476,869 4,551,912 Intertek Group P.L.C. 512,085 9,144,922 * Invensys P.L.C. 1,628,063 9,317,363 Ite Group P.L.C. 966,080 2,985,965 James Halstead P.L.C. 104,416 1,223,408 Johnson Service Group P.L.C. 206,862 1,303,249

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Keller Group P.L.C. 266,279 4,835,711 Kier Group P.L.C. 145,769 6,893,747 Latchways P.L.C. 40,210 889,769 Lavendon Group P.L.C. 154,941 1,266,216 Lincat Group P.L.C. 19,000 217,965 Litho Supplies P.L.C. 20,000 24,536 * Lorien P.L.C. 60,000 79,012 Low & Bonar P.L.C. 707,849 1,952,155 Management Consulting Group P.L.C. 1,055,808 962,035 McAlpine (Alfred) P.L.C. 407,456 3,552,643 Metalrax Group P.L.C. 508,719 801,717 Michael Page International P.L.C. 1,224,495 12,921,499 Mitie Group P.L.C. 1,263,634 5,722,102 Molins P.L.C. 68,000 225,318 Morgan Crucible Company P.L.C. 1,212,085 6,376,632 Morgan Sindall P.L.C. 146,726 3,615,405 Mouchel Parkman P.L.C. 437,972 3,817,434

7

MS International P.L.C. 71,500 $ 230,075 New Avesco P.L.C. 29,998 59,459 Northern Recruitment Group P.L.C. 36,500 74,935 Northgate P.L.C. 252,005 5,382,506 Ocean Wilsons Holdings, Ltd. 84,250 1,337,736 * OneSource Services, Inc. 544 6,870 OPD Group P.L.C. 95,878 810,011 Parkwood Holdings P.L.C. 72,980 199,291 * Penna Consulting P.L.C. 91,728 155,236 * Planestation Group P.L.C. 76,551 0 * Quantica P.L.C. 245,300 209,108 * Regus Group P.L.C. 3,628,946 10,603,079 Reliance Security Group P.L.C. 49,710 681,255 * Renold P.L.C. 270,995 745,064 Ricardo P.L.C. 220,336 1,525,955 Robert Walters P.L.C. 326,957 2,061,829 ROK P.L.C. 113,782 2,406,872 RPS Group P.L.C. 824,831 5,283,573 Salvesen (Christian) P.L.C. 950,714 1,097,300 Senior P.L.C. 1,436,031 2,280,554 Serco Group P.L.C. 134,385 1,215,568 Severfield-Rowan P.L.C. 84,679 3,079,158 Shanks Group P.L.C. 884,042 4,673,758 SIG P.L.C. 445,720 11,120,704 Smart (J.) & Co. (Contractors) P.L.C. 22,500 387,419 Speedy Hire P.L.C. 183,252 4,220,769 Spirax-Sarco Engineering P.L.C. 318,471 6,464,030 Spring Group P.L.C. 596,238 736,692 # Stagecoach Group P.L.C. 1,865,823 6,598,679 * Stanelco P.L.C. 2,148,370 44,295

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Tarsus Group P.L.C. 175,001 849,106 TDG P.L.C. 326,296 1,866,653 Tex Holdings P.L.C. 14,000 34,024 * The 600 Group P.L.C. 218,038 223,918 Thorpe (F.W.) P.L.C. 24,000 298,550 * Tinsley (Eliza) Group P.L.C. 19,844 3,515 * Trafficmaster P.L.C. 517,604 696,767 Tribal Group P.L.C. 125,000 300,246 Trifast P.L.C. 359,985 570,777 Ultra Electronics Holdings P.L.C. 274,276 6,711,258 Umeco P.L.C. 177,143 1,640,628 * Universal Salvage P.L.C. 104,608 402,441 * Volex Group P.L.C. 241,088 685,972 Vp P.L.C. 166,643 1,180,295 VT Group P.L.C. 708,023 6,850,859 Waterman Group P.L.C. 74,473 268,694 Watermark Group P.L.C. 189,106 80,796 Weir Group P.L.C. 829,368 9,932,405 Whatman P.L.C. 520,176 2,956,231 White Young Green P.L.C. 177,478 1,524,392 * Wilshaw P.L.C. 198,409 15,130 Wincanton P.L.C. 471,185 3,440,057 WSP Group P.L.C. 254,125 3,493,674 XP Power P.L.C. 73,546 764,091 Total Industrials 409,221,627

8

Information Technology — (10.8%) Abacus Group P.L.C. 285,469 $ 816,183 Acal P.L.C. 98,344 775,942 Alphameric P.L.C. 486,081 472,616 * Alterian P.L.C. 151,434 460,454 Amstrad P.L.C. 311,793 884,953 Anite Group P.L.C. 1,273,342 2,052,081 * ARC International P.L.C. 623,793 565,822 * Autonomy Corp. P.L.C. 651,472 8,814,721 Aveva Group P.L.C. 257,544 4,158,895 Axon Group P.L.C. 207,398 2,652,698 * Bede P.L.C. 135,978 19,136 CML Microsystems P.L.C. 28,361 72,490 Compel Group P.L.C. 119,994 350,238 Computacenter P.L.C. 377,178 2,068,418 * CSR P.L.C. 107,309 1,366,183 Detica Group P.L.C. 435,311 3,535,206 Dialight P.L.C. 111,362 457,816 Dicom Group P.L.C. 325,477 1,469,885 Dimension Data Holdings P.L.C. 939,000 927,104 Diploma P.L.C. 83,772 1,487,477 DRS Data & Research Services P.L.C. 26,825 19,390

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document E2V Technologies P.L.C. 200,840 1,534,029 Electrocomponents P.L.C. 1,319,110 7,493,214 Electronic Data Processing P.L.C. 55,200 72,906 * Eurodis Electron P.L.C. 2,118,657 43,777 Filtronic P.L.C. 338,741 894,153 * Financial Objects P.L.C. 17,000 23,311 GB Group P.L.C. 415,333 335,771 * Gresham Computing P.L.C. 204,631 494,554 Halma P.L.C. 1,554,692 6,723,911 ICM Computer Group P.L.C. 64,101 563,023 * Imagination Technologies Group P.L.C. 908,378 2,285,233 Independent Media Distribution P.L.C. 21,621 16,569 * Innovation Group P.L.C. 2,187,297 1,414,410 * Intec Telecom Systems P.L.C. 983,242 813,848 Intelek P.L.C. 99,880 28,627 * Kewill Systems P.L.C. 309,597 481,442 Laird Group P.L.C. 685,436 7,373,111 Macro 4 P.L.C. 68,736 294,565 Micro Focus International P.L.C. 238,050 1,070,427 Microgen P.L.C. 307,694 307,925 Misys P.L.C. 2,032,165 9,568,913 Morse P.L.C. 450,565 821,814 MTL Instruments Group P.L.C. 71,580 715,083 * nCipher P.L.C. 99,572 466,477 Netstore P.L.C. 143,737 91,388 Northgate Information Solutions P.L.C. 1,948,142 3,184,965 * NSB Retail Systems P.L.C. 1,119,725 638,916 Oxford Instruments P.L.C. 167,896 818,120 * Parity Group P.L.C. 7,621 10,855 Phoenix IT Group, Ltd. 75,000 510,782 * Plasmon P.L.C. 259,985 182,413 Premier Farnell P.L.C. 1,368,932 5,507,745

9

Psion P.L.C. 462,761 $ 1,536,537 * Raymarine P.L.C. 260,960 2,360,745 Renishaw P.L.C. 222,795 3,320,459 Revenue Assurance Services P.L.C. 30,304 74,043 RM P.L.C. 359,199 1,350,857 Rotork P.L.C. 365,656 6,090,128 Royalblue Group P.L.C. 134,098 2,938,249 * SCi Entertainment Group P.L.C. 183,051 1,686,146 * Scipher P.L.C. 34,563 765 * SDL P.L.C. 229,834 1,538,216 * Servicepower Technologies P.L.C. 235,191 53,043 Spectris P.L.C. 508,179 8,809,511 * Spirent Communications P.L.C. 2,769,967 3,349,737 * Superscape Group P.L.C. 508,419 106,271 * Surfcontrol P.L.C. 104,638 977,593

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Tadpole Technology P.L.C. 427,207 40,983 * Telent P.L.C. 263,768 2,454,174 * Telspec P.L.C. 25,000 3,249 Trace Group P.L.C. 33,552 56,452 TT electronics P.L.C. 531,652 2,507,055 Vega Group P.L.C. 69,342 350,582 Vislink P.L.C. 550,671 1,061,516 * Wolfson Microelectronics P.L.C. 453,006 2,631,391 * Workplace Systems International P.L.C. 238,739 29,096 XAAR P.L.C. 220,887 1,011,739 XANSA P.L.C. 1,086,619 1,868,278 Zetex P.L.C. 276,462 488,496 Total Information Technology 134,905,296

Materials — (3.4%) * Amberley Group P.L.C. 200,000 38,373 * API Group P.L.C. 103,483 183,495 Baggeridge Brick P.L.C. 136,350 512,002 British Polythene Industries P.L.C. 97,215 961,459 Carclo P.L.C. 214,230 461,778 Chamberlin & Hill P.L.C. 18,000 70,369 Chapelthorpe P.L.C. 656,803 46,124 * Coral Products P.L.C. 50,000 12,748 Croda International P.L.C. 495,398 6,271,367 Cropper (James) P.L.C. 22,000 78,553 Delta P.L.C. 500,743 1,349,898 DS Smith P.L.C. 1,410,480 6,198,321 Dyson Group P.L.C. 116,928 531,440 Elementis P.L.C. 1,769,990 3,130,646 Ennstone P.L.C. 1,455,712 1,351,215 Filtrona P.L.C. 724,553 3,838,229 Hill & Smith Holdings P.L.C. 237,645 1,620,577 * Inveresk P.L.C. 150,000 50,039 Macfarlane Group P.L.C. 378,287 226,430 Marshalls P.L.C. 662,347 4,513,063 * OpSec Security Group P.L.C. 117,822 215,590 Porvair P.L.C. 139,099 367,820 RPC Group P.L.C. 402,719 2,003,928 * Scapa Group P.L.C. 456,918 230,151 * Scarborough Minerals P.L.C. 14,622 12,134

10

Treatt P.L.C. 14,957 $ 95,302 UCM Group P.L.C. 41,980 68,425 Victrex P.L.C. 314,861 4,810,424 Yule Catto & Co. P.L.C. 521,859 2,448,545 Zotefoams P.L.C. 96,852 240,263 Total Materials 41,938,708

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Other — (0.0%) * Aries Insurance Services P.L.C. 62,500 0 * Full Circle Future, Ltd. 135,600 0 * Garton Engineering P.L.C. 10,248 0 * IMS Group P.L.C. 75,000 0 * Industrial & Commercial Holdings P.L.C. 5,000 148 * Pisces Property Services P.L.C. 62,500 0 * Richmond Oil & Gas P.L.C. 220,000 0 * RMS Communications P.L.C. 15,000 0 * Secure Ventures (No. 6) P.L.C. 62,500 0 * Secure Ventures (No. 7) P.L.C. 62,500 0 * SFI Holdings, Ltd. Series A 26,713 16,296 * Tandem Group P.L.C. 327,365 0 * Terence Chapman Group P.L.C. 62,500 390 * Whitecroft P.L.C. 105,000 0 Total Other 16,834

Telecommunication Services — (0.9%) * Colt Telecom Group P.L.C. 858,120 3,011,605 Kingston Communications P.L.C. 1,458,104 2,240,904 * Redstone P.L.C. 125,910 185,210 Telecom Plus P.L.C. 294,204 1,140,310 * Thus Group P.L.C. 549,382 1,994,826 * Vanco P.L.C. 232,704 2,301,552 Total Telecommunication Services 10,874,407

Utilities — (0.1%) Dee Valley Group P.L.C. 12,109 265,223 Hydro International P.L.C. 27,669 81,387 Northumbrian Water Group P.L.C. 209,002 1,279,089 Total Utilities 1,625,699

TOTAL COMMON STOCKS 1,237,181,659

RIGHTS/WARRANTS — (0.0%) * Letter of Entitlements - Audemars Piguet 90,242 0 * Lupus Capital P.L.C. Rights 04/18/07 171,995 3,385 * Planestation Group P.L.C. Warrants 01/13/11 229,653 0 * SFI Holdings, Ltd. Litigation Certificate 26,713 0 * Ultraframe Litigation Notes 319,285 0 TOTAL RIGHTS/WARRANTS 3,385

11

Face Amount Value† (000)

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document TEMPORARY CASH INVESTMENTS — (0.0%) Repurchase Agreement, PNC Capital Markets, Inc. 5.19%, 04/02/07 (Collateralized by $440,000 FNMA 5.50%, 02/25/36, valued at $417,277) to be repurchased at $407,176 $ 407 $ 407,000

SECURITIES LENDING COLLATERAL — (1.1%) Repurchase Agreement, Countrywide Securities 5.38%, 04/02/07 (Collateralized by $694,216 FHLMC 5.000%, 04/15/34, valued at $699,255) to be repurchased at $685,544 685 685,442 Repurchase Agreement, UBS Warburg LLC 5.38%, 04/02/07 (Collateralized by $17,956,408 FNMA 5.500%, 04/01/33 & 6.000%, 02/01/36, valued at $12,818,325) to be repurchased at $12,566,536 12,565 12,564,658 TOTAL SECURITIES LENDING COLLATERAL 13,250,100

TOTAL INVESTMENTS - (100.0%) (Cost $753,695,848)## $ 1,250,842,144

See accompanying Notes to Financial Statements.

12

THE CONTINENTAL SMALL COMPANY SERIES SCHEDULE OF INVESTMENTS March 31, 2007 (Unaudited)

Shares Value ††

AUSTRIA — (2.0%) COMMON STOCKS — (2.0%) Agrana Beteiligungs AG 17,295 $ 1,744,770 # Andritz AG 27,387 6,869,291 Austria Email AG 715 6,880 * Austrian Airlines AG 82,551 1,193,556 BKS Bank AG 520 72,937 Boehler-Uddeholm AG 104,608 10,080,101 # * BWIN Interactive Entertainment AG 49,188 2,366,881 # BWT AG 24,819 1,450,136 * CA Immobilien Anlagen AG 134,542 4,496,713 * Christ Water Techology AG 24,819 493,098 Constantia Packaging AG 21,263 1,392,113 * Conwert Immobilien Invest AG 54,426 1,197,465 Eybl International AG 3,191 68,614 # Flughafen Wien AG 32,850 3,220,368 Frauenthal Holding AG 10,460 302,332 * Intercell AG 51,979 1,703,847 # Lenzing AG 3,948 1,672,274 * Manner (Josef) & Co. AG 870 61,015 # Mayr-Melnhof Karton AG 11,760 2,625,280 Oberbank AG 8,153 1,362,378 # Palfinger AG 11,176 1,739,827

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * RHI AG 65,590 3,245,100 Rosenbauer International AG 2,134 360,285 * S&T System Integration & Technology Distribution AG 5,233 400,913 # Schoeller-Bleckmann Oilfield Equipment AG 23,403 1,224,109 * Sparkassen Immobilien AG 58,185 1,100,937 UBM Realitaetenentwicklung AG 1,440 99,978 Uniqa Versicherungen AG 88,000 2,937,926 * Wolford AG 5,946 297,538

TOTAL — AUSTRIA 53,786,662

BELGIUM — (3.1%) COMMON STOCKS — (3.1%) * Abfin SA 2,560 0 Ackermans & Van Haaren SA 81,918 7,208,863 # Agfa Gevaert NV 26,889 608,695 Arinso International SA 29,855 819,466 Banque Nationale de Belgique 778 3,881,443 # Barco NV 47,169 4,353,271 Bekaert SA 52,431 7,156,788 Brantano Group NV 5,881 276,971 Brederode SA 12,180 508,820 Co.Br.Ha Societe Commerciale de Brasserie SA 115 237,537

1

Cofinimmo SA 17,021 $ 3,547,874 Compagnie du Bois Auvage SA 87 38,568 * Compagnie du Bois Auvage SA VVPR STRIP 87 19 Compagnie Francois d’Entreprises (CFE) 2,080 3,231,167 Compagnie Immobiliere de Belgique SA 9,579 608,135 Compagnie Maritime Belge SA 59,856 3,992,862 Cumerio NV SA 9,586 283,836 # Deceuninck NV 63,700 2,003,462 Dolmen Computer Applications NV 15,360 247,611 D’Ieteren NV SA 11,529 4,749,738 Duvel Moorgat SA 8,788 460,473 Econocom Group SA 61,340 658,105 # * Elia System Operator SA NV 117,849 4,851,754 # Euronav SA 65,285 2,198,731 EVS Broadcast Equipment SA 5,500 351,846 Exmar NV 52,575 1,734,209 Floridienne SA 2,033 212,998 * ICOS Vision Systems NV 23,655 992,075 Image Recognition Integrated Systems (I.R.I.S.) 4,016 239,476 # * Innogenetics NV 75,886 814,967 * Integrated Production & Test Engineering NV 9,275 62,442 * International Brachtherapy SA 34,403 338,104 * Ion Beam Application SA 62,304 1,817,740 * Jensen-Group NV 14,485 117,630

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Kinepolis 15,062 1,155,557 Lotus Bakeries SA 1,401 434,367 Melexis NV 82,111 1,556,028 Nord-Sumatra Investissements SA 650 518,140 Omega Pharma SA 78,769 6,128,272 # * Option NV 79,228 1,458,045 * Papeteries Catala SA 315 72,586 * Picanol 16,120 326,585 * Real Software SA 639,542 462,263 Recticel SA 47,637 646,831 * Resilux 3,440 214,417 Rosier SA 655 157,489 Roularta Media Group NV 16,073 1,366,984 Sapec SA 3,635 483,357 * SAPEC SA Strip VVPR 75 179 Sioen Industries NV 40,931 555,043 Sipef NV 2,209 781,051 Societe Anonyme Des Glaces de Moustier-sur-Sambre 13,370 923,465 * Spector Photo Group SA 60,648 108,329 * Systemat-Datarelay SA 25,608 232,950 Ter Beke NV 2,281 205,835 Tessenderlo Chemie NV 80,138 3,927,840 Unibra SA 1,600 234,598 Van De Velde NV 22,472 1,114,214 VPK Packaging Group SA 12,678 676,783 Warehouses De Pauw SCA 10,753 779,588 # * Zenitel 20,197 99,883 TOTAL COMMON STOCKS 83,226,355

2

RIGHTS/WARRANTS — (0.0%) * Carrieres Unies Porphyre SA Coupons 45 $ 0

TOTAL — BELGIUM 83,226,355

DENMARK — (2.6%) COMMON STOCKS — (2.6%) * Aktieselskabet Ringkjoebing Bank A.S. 4,295 758,304 # Aktieselskabet Roskilde Bank A.S. 32,685 3,677,277 Aktieselskabet Skjern Bank A.S. 2,730 429,174 * Aktieselskabet Skjern Bank A.S. Issue 07 546 86,142 # Alk-Abello A.S. 15,055 2,784,481 # * Alm. Brand A.S. 28,360 1,891,246 # Amagerbanken A.S. 25,720 1,762,277 Ambu A.S. 19,440 352,490 Arkil Holdings A.S. Series B 670 126,510 # Auriga Industries A.S. Series B 29,250 847,625 # Bang & Olufsen Holding A.S. Series B 31,337 3,871,640 # * Bavarian Nordic A.S. 13,980 1,282,158

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Bavarian Nordic A.S. Issue 07 2,796 258,158 Biomar Holding A.S. 11,548 663,348 * BoConcept Holding A.S. 3,750 290,679 Bonusbanken A.S. 69,455 532,342 Bording (F.E.) A.S. Series B 600 86,823 Brodrene Hartmann A.S. Series B 5,865 217,157 * Brondbyernes I.F. Fodbold A.S. Series B 5,800 89,013 * Capinordic A.S. 156,300 753,343 * Dampskibsselskabet Norden A.S. 840 818,112 * Danionics A.S. Series A 32,000 108,150 Dantherm Holding A.S. 13,100 250,186 * Danware A.S. 5,785 110,823 # DFDS A.S. 11,760 1,581,837 # DiBa Bank A.S. 7,265 700,457 Dicentia A.S. 6,000 34,020 Djursland Bank A.S. 1,670 219,589 # DLH A.S. Series B 29,700 561,112 # East Asiatic Co., Ltd. 50,573 2,423,469 # * EDB Gruppen A.S. 5,780 236,037 Fionia Bank A.S. Rights 3,468 1,004,531 # Fluegger A.S. Series B 4,198 507,890 # Forstaedernes Bank A.S. 46,188 1,877,193 Glunz & Jensen A.S. 2,870 31,195 GPV Industi A.S. 1,700 90,955 # H&H International A.S. Series B 1,600 531,369 Hadsten Bank A.S. 555 182,462 # Harboes Bryggeri A.S. 10,250 401,963 Hedegaard (Peder P.) A.S. 1,360 149,898 Hojgaard Holding A.S. Series B 2,500 103,960 # IC Companys A.S. 33,305 1,902,644 * Incentive A.S. 3,575 11,857 ITH Industri Invest A.S. 3,600 147,084 Lan & Spar Bank A.S. 4,725 376,724 * Lastas A.S. Series B 6,600 188,884 Lollands Bank A.S. 750 75,117 * Maconomy A.S. 37,500 111,526 Migatronic A.S. Series B 400 25,225

3

# * Mols-Linien A.S. 4,700 $ 420,705 # * NeuroSearch A.S. 30,640 1,400,339 # NKT Holding A.S. 49,245 3,931,596 Nordjyske Bank A.S. 17,250 662,494 # Norresundby Bank A.S. 612 414,337 NTR Holdings A.S. 3,130 42,540 Ostjydsk Bank A.S. 2,012 464,025 * Parken Sport & Emtertainment A.S. 7,624 2,163,046 Per Aarsleff A.S. Series B 4,195 398,684 * Pharmexa A.S. 59,540 185,773

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Ringkjoebing Landbobank Aktieselskab A.S. 11,560 2,232,845 Roblon A.S. Series B 470 72,558 Royal Unibrew A.S. 11,915 1,436,845 # * RTX Telecom A.S. 14,000 163,472 Salling Bank A.S. 750 138,139 Sanistal A.S. Series B 4,436 826,060 * SAS AB 34,300 633,640 # Satair A.S. 8,525 383,651 # Schouw & Co. A.S. 20,835 1,625,379 # SimCorp A.S. 14,140 2,860,119 # Sjaelso Gruppen A.S. 4,438 1,484,061 SKAKO Industries A.S. 3,930 213,414 Skandinavian Brake Systems A.S. 400 23,317 # Sondagsavisen A.S. 36,665 662,354 # Spar Nord Bank A.S. 94,575 2,342,923 Sparbank Vest A.S. 10,655 838,220 # Sparekassen Faaborg A.S. 1,522 654,574 # Sydbank A.S. 71,161 3,815,633 Thrane & Thrane A.S. 8,858 427,784 # Tivoli A.S. 862 675,247 # * TK Development A.S. 78,956 1,568,020 * TopoTarget A.S. 76,200 486,831 Vestfyns Bank A.S. 440 109,548 # Vestjysk Bank A.S. 26,085 1,461,300 TOTAL COMMON STOCKS 70,743,929

RIGHTS/WARRANTS — (0.0%) * Aktieselskabet Roskilde Bank A.S. Rights 04/03/07 32,685 187,516 * Forstaedernes Bank A.S. Rights 04/17/07 46,188 67,074 TOTAL RIGHTS/WARRANTS 254,590

TOTAL — DENMARK 70,998,519

FINLAND — (5.0%) COMMON STOCKS — (5.0%) Alandsbanken AB Series B 18,190 607,749 * Aldata Solutions Oyj 194,535 453,989 Alma Media Corp. 292,300 3,595,687 Amanda Capital Oyj 67,120 304,343 # Amer Sports Oyj Series A 269,460 5,900,164 Aspo Oyj 70,175 661,567 * Aspocomp Group Oyj 42,026 49,935 BasWare Oyj 34,550 521,843 * Benefon Oyj 686,900 137,639

4

* Biohit Oyj 9,400 $ 33,350 * Biotie Therapies Oyj 265,590 318,838 Capman Oyj Series B 12,485 58,208

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Cencorp Oyj 89,510 36,815 Componenta Oyj 34,400 508,389 # Comptel Oyj 334,565 830,228 # Cramo P.L.C. 96,060 3,360,668 * Efore Oyj 129,540 202,463 # Elcoteq SE 66,810 704,551 Elecster Oyj 2,200 17,356 # Elektrobit Group Oyj 401,120 867,115 # eQ Oyj 132,200 1,045,119 Etteplan Oyj 31,300 296,051 * Evox Rifa Group Oyj 189,210 30,616 Finnair Oyj 164,950 2,871,484 Finnlines Oyj 110,260 2,467,146 # Fiskars Oyj Abp Series A 178,328 2,899,927 # F-Secure Oyj 447,078 1,185,667 # HK Ruokatalo Oyj Series A 74,560 1,622,445 * Honkarakenne Oyj Series B 15,330 114,923 # * Huhtamaki Oyj 348,750 5,789,577 Ilkka-Yhtyma Oyj 35,460 565,134 * Incap Oyj 36,800 105,022 Ixonos P.L.C. 26,100 183,630 # Julius Tallberg-Kiinteistoet Oyj Series B 27,000 131,647 # KCI Konecranes Oyj 255,800 8,605,720 # Kemira GrowHow Oyj 163,960 2,213,854 # Kemira Oyj 261,200 5,977,987 # Kyro Oyj Abp 131,940 714,021 # Laennen Tehtaat Oyj 17,820 547,857 # Lassila & Tikanoja Oyj 121,476 4,095,418 # Lemminkainen Oyj 52,700 3,211,062 Martela Oyj 1,060 12,758 M-Real Oyj Series B 775,393 6,045,962 # Neomarkka Oyj 16,652 181,727 # Nokian Renkaat Oyj 384,580 10,564,267 Nordic Aluminium Oyj 10,440 309,004 * Okmetic Oyj 54,904 281,662 # OKO Bank P.L.C. Class A 101,080 1,722,168 Olvi Oyj Series A 32,290 980,543 Oriola-KD Oyj Class A 26,000 112,182 Oriola-KD Oyj Class B 16,000 70,172 * Orion Oyj Series A 26,000 624,886 # * Orion Oyj Series B 16,000 385,794 # * Perlos Oyj 130,761 664,538 PKC Group Oyj 48,390 610,538 # * Ponsse Oyj 82,280 1,435,382 Poyry Oyj 189,640 3,500,029 * Proha Oyj 198,232 95,444 # * Raisio Group P.L.C. 423,933 1,056,525 # Ramirent Oyj 78,640 6,312,120 # Rapala VMC Oyj 116,640 923,793 Raute Oyj Series A 10,390 184,354 # Rocla Oyj 12,300 187,448

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Satama Interactive Oyj 107,200 163,370

5

# * Scanfil Oyj 123,479 $ 369,302 * Sponda Oyj 159,511 2,757,275 SSH Communications Oyj 88,050 153,427 # Stockmann Oyj Abp Series A 38,330 1,672,407 # Stockmann Oyj Abp Series B 104,804 4,575,024 * Stonesoft Oyj 117,212 81,159 # Suominen Oyj 17,955 83,934 # SysOpen Digia Oyj 55,020 267,032 # Talentum Oyj 133,500 607,588 Tecnomen Oyj 196,570 379,313 # Teleste Oyi 53,559 825,294 # TietoEnator Oyj 291,429 8,480,409 # Tiimari P.L.C. 16,680 114,717 # Tulikivi Oyj 79,440 330,613 Turkistuottajat Oyj 8,490 128,049 # Uponor Oyj Series A 216,400 7,658,196 # Vacon Oyj 44,337 1,660,828 # Vaisala Oyj Series A 40,300 1,883,262 Viking Line AB 10,710 381,058 YIT Oyj 61,000 2,110,640 TOTAL COMMON STOCKS 134,789,397

RIGHTS/WARRANTS — (0.0%) * Aspocomp Group Oyj Rights 04/12/07 42,026 3,368 * Sponda Oyj Rights 02/02/07 109,000 208,218 TOTAL RIGHTS/WARRANTS 211,586

TOTAL — FINLAND 135,000,983

FRANCE — (9.9%) COMMON STOCKS — (9.9%) * Actielec Technologies 26,862 118,014 Affine 2,526 488,611 * Akka Technologies SA 2,500 117,163 Ales Groupe SA 33,613 817,889 * Alten SA 56,620 2,143,817 # * Altran Technologies SA 322,216 2,820,497 April Group SA 60,061 3,140,501 # * Archos 22,331 781,947 Arkopharma 45,058 820,175 # Assystem 47,658 981,082 Aubay SA 28,081 331,671 # Audika SA 22,509 788,016 # * Avanquest Software 19,360 445,996 * Axorys SA 11,700 11,253 * Baccarat SA 1,090 326,549

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Bacou-Dalloz 18,169 2,435,709 Banque Tarneaud SA 1,430 334,577 Beneteau SA 37,099 4,481,804 * Bigben Interactive 2,100 10,543 * BioMerieux 5,300 473,831 Boiron SA 22,509 623,704 Boizel Chanoine Champagne SA 6,304 376,482 Bonduelle SA 13,165 1,522,968

6

Bongrain SA 14,306 $ 1,341,414 # Bourbon SA 97,257 6,811,076 Bricorama SA 10,279 631,833 * Bull SA 4 3 * Bull SA (B0V2C19) 298,028 2,022,221 Burelle SA 4,030 931,832 Cafom SA 5,092 177,071 Canal Plus SA 280,788 3,253,847 # Carbone Lorraine SA 46,232 2,773,192 * CBo Territoria 28,320 174,172 Cegedim SA 11,309 1,114,854 Cegid SA 22,866 1,079,923 * Cesar SA 142,196 161,862 CFF Recycling SA 84,608 4,550,510 # * Cibox Inter@ctive SA 232,424 65,307 Clarins SA 10,264 859,066 # * Club Mediterranee SA 46,578 2,738,433 Compagnie Industrielle et Financiere D’Entreprises 300 82,154 Compagnie International Andre Trigano SA 983 37,971 * CS Communication et Systemes 7,938 257,200 * Cybergun 6,818 112,419 Damartex SA 22,900 956,899 * Dane-Elec Memory SA 65,202 340,564 # Delachaux SA 28,440 2,737,936 Didot-Bottin SA 1,620 116,860 * Dollfus Mieg & Cie SA 54,239 183,658 * Dynaction SA 10,660 192,618 # Electricite de Strasbourg 23,784 5,540,466 Encres Dubuit SA 4,176 46,304 * Entrepose Contracting 10,237 722,196 Esso SA 927 244,337 # * Establissements Maurel Et Prom 268,473 5,659,099 * Etablissements Gantois Series A 647 5,418 Etam Developpement SA 23,815 2,008,209 * Euro Disney SCA 4,981,489 598,905 Evialis SA 3,664 176,374 Exel Industries SA 5,582 523,735 Explosifs et de Produits Chimiques 524 285,585 # * Faurecia SA 60,033 4,223,736

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Fimalac SA 13,729 1,267,912 Fininfo SA 12,428 216,987 Finuchem SA 18,083 473,119 Fleury Michon SA 4,019 240,768 Foncia Groupe 37,816 2,008,663 Francois Freres (Tonnellerie) SA 3,839 188,189 Gascogne SA 7,112 770,574 Gaumont SA 14,607 1,277,704 * GECI International 52,548 364,118 # Generale de Sante 118,397 5,061,120 Geodis SA 17,364 3,750,875 Gevelot SA 3,584 283,022 GFI Informatique SA 126,539 1,207,566 # * Gifi 7,579 376,987 * Ginger (Groupe Ingenierie Europe) 10,357 307,611 GL Events 34,299 2,100,849

7

* GPe Pizzorno 3,300 $ 179,912 Grands Moulins de Strasbourg 110 99,186 * Groupe Ares SA 21,994 145,487 Groupe Crit 24,673 1,153,373 * Groupe Flo SA 22,019 308,089 # * Groupe Go Sport SA 2,740 238,565 Groupe Guillin SA 1,200 111,350 * Groupe Open SA 27,590 558,306 # Groupe Steria SCA 51,952 3,428,875 Guerbet SA 5,997 1,088,808 Guyenne et Gascogne SA 26,000 4,191,822 Haulotte Group SA 57,491 1,849,129 # Havas SA 1,097,528 6,348,900 Idsud 2,227 140,550 * IEC Professionnel Media 34,930 97,192 IMS International Metal Service SA 51,946 1,797,099 # * Infogrames Entertainment SA 1,517,731 429,188 # * Ingenico SA 87,214 2,278,724 # Ipsos SA 80,658 2,955,922 Kaufman et Broad SA 34,770 2,623,469 # Lafuma SA 6,346 452,466 Laurent-Perrier Group 12,172 1,392,254 Lectra 85,992 725,335 Lisi SA 9,308 842,786 # * LVL Medical Groupe SA 24,346 581,109 * Maisons Franc 12,826 1,029,119 Manitou BF SA 48,280 2,580,361 Manutan International SA 13,920 976,890 * Metaleurop SA 35,449 539,480 MGI Coutier SA 2,753 86,959 MoneyLine SA 11 0

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Montupet SA 32,450 874,334 Mr. Bricolage SA 23,846 653,645 * Naturex 6,954 489,328 Nexans SA 78,576 10,455,892 * Nexity 50,940 4,376,972 # Norbert Dentressangle 12,697 1,184,302 # NRJ Group 177,024 2,867,771 # Oberthur Card Systems SA 117,901 826,765 * Oeneo 102,487 285,488 * Orco Property Group 18,800 3,160,729 # * Orpea 51,311 5,016,699 * Osiatis 1,400 13,077 Paris Orleans et Cie SA 2,832 1,230,353 Passat SA 8,835 101,288 # * Penauille Polyservices SA 47,072 642,777 Petit Forestier SA 11,101 1,000,439 Pierre & Vacances 16,031 2,209,330 Plastic Omnium SA 30,846 1,525,411 * Plastivaloire SA 4,552 144,784 Provimi SA 57,248 2,401,714 PSB Industries SA 8,438 458,857 Radiall SA 5,387 741,877 Rallye SA 80,915 5,265,370 Remy Cointreau SA 57,495 3,883,089

8

* Rhodia SA 874,663 $ 3,217,789 Robertet SA 3,167 517,280 # Rodriguez Group SA 27,733 1,392,479 Rougier SA 2,040 445,185 # Rubis SA 27,265 2,390,703 # * S.T. Dupont SA 39,440 21,191 Sabeton SA 13,500 221,069 * Saft Groupe SA 33,816 1,132,485 SAMSE SA 8,800 1,144,871 # SCOR SA 282,143 7,620,903 # SEB SA 25,544 4,414,929 # Sechilienne SA 44,000 2,606,156 Securidev SA 2,500 85,983 Signaux Girod SA 894 76,555 * SIICinvest 20,056 70,889 * Smoby SA 1,172 36,419 Societe de Developpement Regional de la Bretagne 5,106 31,802 # Societe des Bains de Mer et du Cercle des Etrangers a Monaco 4,615 3,640,771 Societe Immobiliere de Location pour L’industrie et le Commerce 23,530 4,242,823 # Societe Industrielle D’Aviations Latecoere SA 21,731 660,087 * Societe Marseillaise du Tunnel Prado Carenage 5,064 274,695 Societe Pour l’Informatique Industrielle SA 5,844 328,657 Sogeclair SA 1,463 71,036

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * Soitec SA 231,215 5,536,431 * Solving International SA 13,265 112,575 Somfy SA 22,900 6,819,067 # Sopra Group SA 23,668 2,150,525 Spir Communication SA 7,977 1,198,146 # Stallergenes SA 30,011 2,193,130 Ste Virbac SA 16,735 1,226,738 STEF-TFE SA 29,698 1,997,836 Sucriere de Pithiviers-Le-Vieil 1,825 1,731,508 * Sylis SA 23,228 123,621 Synergie SA 22,616 1,091,524 # * Teamlog SA 34,132 198,509 # Teleperformance SA 121,237 5,356,611 Tessi SA 5,050 316,426 * Theolia SA 84,458 3,455,891 Tipiak SA 518 57,224 Toupargel-Agrigel SA 21,016 1,263,718 # Trigano SA 38,595 2,180,601 * UbiSoft Entertainment SA 96,348 4,726,774 Union Financiere de France Banque SA 16,369 1,104,196 # * Valtech 295,958 254,148 Viel et Compagnie 162,852 1,090,477 Vilmorin et Cie SA 19,383 1,896,824 VM Materiaux SA 5,966 623,022 Vranken Pommery Monopole 9,879 774,810 XRT 102,875 213,542 TOTAL COMMON STOCKS 269,407,749

RIGHTS/WARRANTS — (0.0%) * Ales Groupe SA Warrants 03/23/09 316 3,166 * Bigben Interactive Warrants 12/31/08 2,100 954

9

* Cybergun Warrants Series A 01/31/08 1,136 $ 288 * Cybergun Warrants Series B 07/15/10 1,136 273 * Etablissements Gantois Warrants 07/31/07 1,941 3,111 * Groupe Ares SA Warrants 12/18/08 4,713 19,580 * Groupe Focal SA Warrants 02/21/10 466 0 * Infogrames Entertainment SA Warrants 12/31/09 77,830 13,516 TOTAL RIGHTS/WARRANTS 40,888

TOTAL — FRANCE 269,448,637

GERMANY — (11.6%) COMMON STOCKS — (11.6%) * 3U Telecom AG 117,766 94,679 A.S. Creation Tapeton AG 6,853 387,095 * AAP Implantate AG 47,250 146,625 * Aareal Bank AG 93,834 4,570,354

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Abacho AG 29,174 116,776 * AC-Service AG 13,512 97,057 ADCapital AG 33,040 501,788 # * Adlink Internet Media AG 71,772 1,727,192 * ADVA AG Optical Networking 96,672 1,061,518 Agrob AG 5,800 103,964 # * Aixtron AG 248,279 1,786,119 * Allbecon AG 21,017 170,269 # Amadeus Fire AG 14,526 362,843 * Analytik Jena AG 11,215 108,469 Andreae-Noris Zahn AG 27,200 1,379,573 * Artnet AG 16,292 205,216 Atoss Software AG 10,108 115,716 * Augusta Technologie AG 22,353 441,441 # AWD Holding AG 98,254 4,666,000 * AZEGO AG 16,940 12,488 # Baader Wertpapierhandelsbank AG 142,376 980,816 # Balda AG 128,088 1,793,514 * Basler AG 8,861 158,667 Beate Uhse AG 56,241 361,737 # Bechtle AG 38,120 1,108,071 # Bertrandt AG 23,282 709,577 * Beta Systems Software AG 5,700 33,882 BHS Tabletop AG 2,800 45,508 Bilfinger Berger AG 136,777 12,547,336 * Biolitec AG 26,843 325,077 # Biotest AG 22,203 1,087,457 * BKN International AG 26,631 103,427 # * BMP AG 50,479 205,537 Boewe Systec AG 15,333 957,844 # * Borussia Dortmund GmbH & Co. KGaA 208,512 497,283 * Broadnet AG 36,856 372,789 # * Business Media China AG 15,212 401,031 * CBB Holding AG 102,602 16,858 * CEAG AG 20,670 374,346 Cenit AG Systemhaus 18,394 305,703 # * CENTROTEC Sustainable AG 18,967 780,475 Cewe Color Holding AG 12,921 772,422 # * ComBOTS AG 54,217 799,232

10

# Comdirect Bank AG 128,971 $ 2,058,529 Computerlinks AG 16,965 328,424 * Concord Effekten AG 30,962 106,863 * Condomi AG 1,800 1,347 # * Conergy AG 94,598 6,925,146 * COR AG Insurance Technologies 30,247 158,706 # CTS Eventim AG 53,393 2,064,852 Curanum AG 65,193 633,663

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Cybio AG 11,685 70,099 * D&S europe AG 67,296 921,880 * D. Logistics AG 113,203 279,963 # DAB Bank AG 133,926 1,587,293 Data Modul AG 10,414 212,287 * DEAG Deutsche Entertainment AG 51,845 155,463 # Deutsche Euroshop AG 43,693 3,424,927 * Deutsche Steinzeug Cremer & Breuer AG 23,889 84,408 Deutsche Wohnen AG 69,977 3,702,056 # * Deutz AG 257,064 3,858,264 * Dierig Holding AG 10,500 150,092 # Douglas Holding AG 105,237 6,173,010 Dr. Hoenle AG 14,858 156,020 Drillisch AG 79,246 841,620 * Duerr AG 38,845 1,281,189 DVB Bank AG 9,638 3,230,698 * Easy Software AG 13,167 155,280 Eckert and Ziegler Strahlen - und Medizintechnik AG 6,103 94,879 Elexis AG 23,942 743,855 # * Elmos Semiconductor AG 25,110 279,850 ElreingKlinger AG 6,000 471,621 # * EM.TV AG 160,173 996,362 * Emprise AG 24,502 20,712 * EMS New Media AG 42,609 35,094 Energiekontor AG 38,401 182,661 Epcos AG 216,079 3,768,251 Erlus AG 297 142,924 # * Escada AG 40,309 1,912,267 Euwax AG 11,933 648,209 # * Evotec AG 196,039 929,521 Fielmann AG 58,362 3,604,678 * FJA AG 44,005 137,478 # Fortec Elektronik AG 7,433 139,118 * Freenet AG 236,364 7,243,204 Fuchs Petrolub AG 30,747 2,450,898 GBWAG Bayerische Wohnungs AG 3,383 411,244 Geratherm Medical AG 14,057 119,296 Gerry Weber International AG 48,907 1,151,328 Gesco AG 6,731 345,337 GFK AG 57,878 2,638,799 * GFT Technologies AG 66,050 280,193 # * GPC Biotech AG 103,290 2,835,202 # Grenkeleasing AG 32,424 1,378,242 Grundstuecks & Baugesellschaft AG 3,567 265,801 Hamborner AG 21,000 954,320 * Hansa Group AG 91,248 163,209 Hawesko Holding AG 20,044 625,727

11

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Herlitz AG 6,962 $ 30,745 * Hoeft & Wessel AG 14,884 88,797 * Hucke AG 11,123 9,792 # Hugo Boss AG 25,100 1,600,858 Hyrican Informations Systeme AG 11,943 119,942 * I-D Media AG 23,140 84,207 * IFA Hotel & Touristik AG 7,000 93,954 * IM International Media AG 152,932 83,760 Indus Holding AG 41,345 1,561,024 * Innovation in Traffic Systems AG 21,840 233,434 * Integralis AG 31,050 188,974 INTERSEROH AG 18,180 956,928 # * Intershop Communications AG 30,990 80,205 * Intertainment AG 8,500 24,544 Isra Vision Systems AG 10,214 290,068 * itelligence AG 56,089 335,384 * IVU Traffic Technologies AG 48,838 78,329 # * IWKA AG 80,909 2,541,634 * Jack White Productiions AG 15,810 49,225 * Jenoptik AG 149,037 1,532,625 K&S AG 16,078 1,774,141 Kampa AG 25,822 289,668 * Kampa AG Issue 07 2,582 29,007 KERAMAG Keramische Werke AG 13,000 1,284,395 # Kloeckner-Werke AG 113,960 2,434,927 Kontron AG 141,382 2,333,789 Krones AG 19,203 3,772,537 * KSB AG 4,521 2,391,912 KWS Saat AG 24,461 3,489,117 Leifheit AG 12,500 313,517 # Leoni AG 112,500 4,659,615 * Loewe AG 22,976 522,280 LPKF Laser & Electronics AG 26,218 219,756 * Mania Technologie AG 74,770 299,658 * Marbert AG 2,600 10,976 Masterflex AG 10,531 332,148 # * Maxdata AG 32,897 54,746 * Mediclin AG 79,703 460,917 # * Medigene AG 90,111 693,643 # Medion AG 84,110 1,134,551 Mensch und Maschine Software AG 27,532 187,633 # * MLP AG 217,291 5,483,325 * Mologen AG 22,062 237,098 * Morphosys AG 19,723 1,436,041 * Mosaic Software AG 5,200 6,672 * MTU Aero Engines Holding AG 144,740 8,633,019 Muehlabauer Holdings AG & Co. KGAA 15,349 634,210 # MVV Energie AG 136,235 5,143,227 MWB Wertpapierhandelsbank AG 13,341 97,567 * MWG-Biotech AG 22,400 54,422 Nemetschek AG 23,340 831,510

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Neschen AG 5,800 14,077 * Net AG Infrastructure, Software & Solutions 58,477 107,290 * Net AG Infrastructure, Software & Solutions Issue 06 13,708 25,087 * Nexus AG 37,949 186,201

12

# Norddeutsche Affinerie AG 129,315 $ 4,092,308 Norddeutsche Steingut AG 5,960 85,328 * Nordex AG 87,845 2,861,110 * Nordwest Handel AG 3,244 29,567 * november AG 9,018 20,217 # OHB Technology AG 37,069 607,066 Oldenburgische Landesbank AG 4,234 305,389 P&I Personal & Informatik AG 17,889 427,964 * Paion AG 51,500 588,176 * Pandatel AG 5,700 3,260 # Paragon AG 22,134 345,056 * ParSytec AG 14,807 75,729 PC-Ware AG 14,056 250,382 # Pfeiffer Vacuum Technology AG 29,866 2,735,426 # Pfleiderer AG 155,435 4,542,691 * Pironet NDH AG 36,682 160,491 # * Pixelpark AG 47,712 101,449 * Plambeck Neue Energien AG 104,005 447,430 * Plasmaselect AG 35,172 97,010 * Plenum AG 9,300 17,126 * Premiere AG 231,200 5,050,778 # * Primacom AG 52,801 591,025 Progress-Werk Oberkirch AG 6,250 307,200 * PSI AG fuer Produkte und Systeme der Informationstechnologie 40,859 244,151 * Pulsion Medical Systems AG 20,493 185,710 * PVATepla AG 47,459 373,807 # * QIAGEN NV 510,901 8,670,621 # * QSC AG 255,715 2,027,618 Rational AG 15,083 2,916,626 REALTECH AG 13,541 196,262 Renk AG 19,400 1,218,965 # * REpower Systems AG 19,176 3,893,342 # Rheinmetall AG 61,085 5,681,564 Rhoen-Klinikum AG 149,404 8,967,808 * Rinol AG 1,475 731 Rohwedder AG 12,979 132,145 Ruecker AG 19,678 220,742 * S.A.G. Solarstrom AG 34,969 193,127 # Sartorius AG 32,181 1,929,793 Schlott Sebaldus AG 15,429 454,861 * Secunet Security AG 16,078 149,693 Sektkellerei Schloss Wachenheim AG 15,120 209,545 * Senator Entertainment AG 980 3,545

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * SGL Carbon AG 228,535 7,530,608 SHB Stuttgarter Invest AG 34,927 1,676,299 * SHS Viveon AG 36,949 70,221 * Silicon Sensor International AG 9,177 167,283 # * Singulus Technologies AG 112,455 1,729,698 Sinner AG 4,160 105,047 * SinnerSchrader AG 26,169 60,977 Sixt AG 38,312 2,193,277 SM Wirtschaftsberatungs AG 18,841 362,633 Software AG 71,834 6,174,003 * Solar Millenn 20,100 900,305 * Solon AG fuer Solartechnik 18,988 1,050,864

13

Stada Arzneimittel AG 164,610 $ 9,971,511 Stahl (R.) AG 14,839 708,171 * Stoehr & Co. AG 16,000 85,727 Strabag AG 9,954 2,307,946 Stratec Biomedical Systems AG 27,297 928,473 Sued-Chemie AG 29,146 2,373,261 # * Suess Microtec AG 47,501 514,868 Synaxon AG 9,060 73,765 Syskoplan AG 9,363 108,992 Syzygy AG 30,656 165,845 # Takkt AG 146,687 2,635,159 * TDS Informationstechnologie AG 89,063 356,765 # Techem AG 74,865 5,535,523 # Technotrans AG 21,735 687,478 Telegate AG 20,500 510,171 * Teles AG 34,582 170,212 * Textilgruppe Hof AG 12,170 124,142 * TFG Capital AG & Co. KGAA 36,723 147,380 # * Tomorrow Focus AG 101,081 403,099 * TRIA It-solutions AG 3,939 1,244 TTL Information Technology AG 6,400 12,401 * UMS United Medical Systems International AG 17,056 258,660 Umweltbank AG 13,074 316,405 United Internet AG 125,696 2,456,771 Utimaco Safeware AG 35,121 650,220 Value Management & Research AG 42,250 246,212 * Varetis AG 11,100 95,492 * VBH Holding AG 9,415 85,911 * VDN Vereinigte Deutsche Nickel-Werke AG 12,150 1,903 * Vivacon AG 60,307 2,194,403 Vossloh AG 34,930 3,339,482 * W.O.M. World of Medicine AG 23,832 117,126 Wanderer-Werke AG 7,903 393,941 * Washtec AG 38,529 761,389 * WaveLight AG 11,800 101,400

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * WCM Beteiligungs-und Grundbesitz AG 617,895 94,888 Westag & Getalit AG 7,000 184,338 Wincor Nixdorf AG 117,600 11,046,433 * Wirecard AG 210,816 2,327,287 # Wuerttembergische Lebensversicherung AG 28,123 1,595,996 Wuerttembergische Metallwarenfabrik AG 30,330 1,149,217 # * Zapf Creation AG 21,120 256,195 TOTAL COMMON STOCKS 314,819,089

RIGHTS/WARRANTS — (0.0%) * REpower Systems AG Rights 04/10/07 19,176 37,912

TOTAL — GERMANY 314,857,001

GREECE — (3.6%) COMMON STOCKS — (3.6%) A. Kalpinis - N. Simos Steel Service Center 18,022 111,029 * Aegek S.A. 218,665 194,778 * Agrotiki Insurance Co. S.A. 50,787 254,600

14

* Alco Hellas ABEE S.A. 79,992 $ 132,705 * Alfa Alfa Energy S.A. 3,810 7,074 * Alfa Alfa Holdings S.A. 104,982 0 Alfa-Beta Vassilopoulos S.A. 21,502 455,624 * Allatini Industrial & Commercial Co. S.A. 28,630 102,746 * Alte Technical Co. 85,048 9,089 * Altec Information & Communication Systems S.A. 80,278 176,390 Alumil Milonas Aluminum Industry S.A. 44,386 246,086 * Alysida S.A. 2,160 6,319 * Anek Lines S.A. 171,271 420,706 AS Co. S.A. 25,370 37,680 * Aspis Bank S.A. 228,007 1,133,540 * Aspis Pronia General Insurance S.A. 152,060 233,463 * Astir Palace Hotels S.A. 88,040 690,857 Athens Medical Center S.A. 150,874 973,404 Atlantic Supermarkets S.A. 35,080 89,974 Attica Holdings S.A. 240,706 1,409,430 Attica Publications S.A. 16,674 46,425 Atti-Kat S.A. 169,684 290,528 Autohellas S.A. 76,340 609,419 Babis Vovos International Construction S.A. 61,592 2,294,271 * Balafas S.A. 15,200 3,858 * Balkan Export S.A. 41,970 193,409 * Bank of Attica S.A. 202,121 1,236,708 Bank of Greece 52,772 6,914,244 Benrubi S.A. 11,121 45,722 Betanet S.A. 27,328 93,468 Bitros Holdings S.A. 31,022 139,892

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Blue Star Maritime S.A. 206,110 927,216 Byte Computers S.A. 22,730 90,738 C. Rokas S.A. 40,839 1,089,325 * Compucon Computer Applications S.A. 11,260 7,643 * Computer Peripherals International S.A. 9,110 10,138 Crown Hellas Can S.A. 30,452 197,009 * Cyclon Hellas S.A 62,191 144,597 Daios Plastics S.A. 16,350 278,941 * Diagnostic & Therapeutic Center of Athens “Hygeia” S.A. 141,580 826,935 Dionic S.A. 13,336 14,467 Domiki Krittis S.A. 23,720 71,461 * Dromeas S.A. 5,200 13,810 * Dynamic Life S.A. 16,440 11,859 Edrasis-C.Psalllidas Technical Co. 69,338 108,433 EL. D. Mouzakis S.A. 31,653 72,396 Elais Oleaginous Production S.A. 24,032 787,250 * Elbisco Holding S.A. 56,000 148,510 Elektrak S.A. 36,580 176,564 Elektroniki Athinon S.A. 34,490 245,143 * Elephant S.A. 26,310 2,812 Elgeka S.A. 65,880 125,657 Elmec Sport S.A. 116,156 448,697 Elton Chemicals S.A. 48,940 76,305 * Empedos S.A. 15,974 1,707 ETEM S.A. 63,672 271,841 * Ethniki General Insurance Co. S.A. 178,148 1,310,977 * Etma Rayon S.A. 11,242 21,175

15

* Euro Reliance General Insurance Co. S.A. 36,550 $ 131,746 * Eurodrip S.A. 83,040 120,852 Euromedica S.A. 61,760 646,026 * European Technical S.A. 32,750 10,062 Everest S.A. 61,700 165,511 Evrofarma S.A. 26,707 58,304 EYDAP Athens Water Supply & Sewage Co. S.A. 53,245 520,600 * F.G. Europe SA Common Registered Shares 4,536 14,737 * Forthnet S.A. Issue 06 115,475 1,736,262 Fourlis S.A. 126,655 2,937,577 Frigoglass S.A. 80,050 1,882,265 Galaxidi Fish Farming S.A. 12,940 21,105 GEK Group of Cos S.A. 143,114 2,069,504 General Commercial S.A. 46,330 49,244 * Geniki Bank 127,174 1,353,440 * Gregorys Mikrogeumata S.A. 53,530 72,240 Halkor S.A. 194,506 1,683,960 * Hatziioannou Holdings S.A. 89,750 157,386 * Hellenic Cables S.A. 55,596 404,860 Hellenic Duty Free Shops S.A. 81,050 1,593,279

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Hellenic Fabrics S.A. 32,310 108,896 * Hellenic Sugar Industry S.A. 79,754 389,151 Hellenic Technodomiki Tev S.A. 477,519 6,980,316 Heracles General Cement Co. 93,293 2,133,815 * Hippotour S.A. 13,891 13,168 Iaso S.A. 175,950 2,030,640 Iktinos Hellas S.A. 55,290 119,851 Inform P. Lykos S.A. 31,810 167,032 * Informatics S.A. 3,778 1,564 * Intersat S.A. 19,392 0 Intertech S.A. 23,746 93,520 * Intracom Holdings S.A. 313,706 1,661,905 * Intracom Technical & Steel Constructions S.A. 105,050 151,906 * Ionian Hotel Enterprises S.A. 16,914 230,008 * Ipirotiki Software & Publications S.A. 22,110 57,299 * J Boutaris & Son Holding S.A. 48,870 36,325 J&P-Avax S.A. 146,816 1,388,807 Karatzis S.A. 28,610 71,521 Karelia Tobacco Co., Inc. S.A. 5,810 605,600 Kathimerini Publishing S.A. 33,040 282,191 Katselis Sons S.A. Bread Industry 41,545 210,406 Kego S.A. 32,045 110,680 * Kekrops S.A. 6,444 102,016 * Keramia-Allatini 10,368 10,388 * Klonatex Group S.A. Bearer Shares 20,351 8,984 Kordellou Brothers S.A. 28,010 55,689 Ktima Kostas Lazaridis S.A. 18,326 29,212 * Lambrakis Press S.A. 118,587 395,556 Lamda Detergent SA 71,791 784,433 Lampsa Hotel Co. 50,326 1,036,876 * Lan-Net S.A. 126,887 119,149 * Lavipharm S.A. 96,324 633,074 * Loulis Mills S.A. 37,312 175,052 Mailis (M.J.) S.A. 154,984 488,469 * Maritime Company of Lesvos S.A. 272,579 381,790

16

* Maxim S.A. 16,360 $ 9,367 Medicon Hellas S.A. 2,860 16,689 Mesochoritis Brothers S.A. 23,700 15,809 Metka S.A. 80,240 1,426,088 Michaniki S.A. 162,885 1,252,632 Minerva Knitwear SA 5,140 18,296 * Minoan Lines S.A. 245,819 1,725,072 MLS Multimedia S.A. 8,300 11,377 * Mochlos S.A. 98,304 60,297 Motor Oil (Hellas) Corinth Refineries S.A. 30,960 860,365 * Multirama S.A. 10,990 103,058 Mytilineos Holdings S.A. 98,260 4,821,610

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document N. Levederis S.A. 8,355 11,624 * Nafpaktos Textile Industry S.A. 10,580 14,064 Naytemporiki S.A. 49,480 100,724 Neochimiki Lv Lavrentiadis S.A. 94,020 2,602,609 * Neorion New S.A. Holdings 37,500 107,825 Newsphone Hellas S.A. 55,010 123,420 * Nexans Hellas S.A. 3,003 17,659 * Nirefs Acquaculture S.A. 114,960 640,849 Pantechniki S.A. 89,570 542,953 * Parnassos Enterprises S.A. 38,775 64,565 * Pegasus Publishing S.A. 83,990 267,281 * Perseys S.A. 34,972 53,182 Petropoulos S.A. 8,832 61,278 * Petzetakis S.A. 49,310 64,495 * Philippos Nakas SA 12,310 49,144 * Pilias S.A. 51,791 29,419 * Pipeworks L. Girakian Profil S.A. 11,730 18,044 Piraeus Leasing S.A. 5,765 47,475 * Prodeftiki Technical Co. 32,257 12,283 * Promota Hellas S.A. 8,860 2,722 * Reds S.A. 85,957 386,451 Regency Entertainment S.A. 130,260 1,915,756 * Rilken S.A. 8,602 63,816 S&B Industrial Minerals S.A. 56,301 755,843 * Sanyo Hellas S.A. 132,841 216,426 Sarantis S.A. 77,120 785,542 Sato S.A. 57,868 222,216 * Selected Textile Industry Assoc. S.A. 87,690 62,899 Sfakianakis S.A. 27,860 481,653 * Sheet Steel Co. 25,850 7,513 * Shelman Hellenic-Swiss Wood S.A. 73,402 161,395 * Singularlogic S.A. 90,730 431,971 Spyroy Agricultural Products S.A. 61,348 200,350 * Stabilton S.A. 27,530 2,942 Technical Olympic S.A. 238,420 498,741 * Technodomi M.Travlos Brothers S.A. 13,910 3,902 Teletypos S.A. Mega Channel 63,367 378,202 Terna Tourist Technical & Maritime S.A. 90,680 1,685,012 * Themeliodomi S.A. 37,422 18,496 Thrace Plastics Co. S.A. 91,730 249,499 Unisystems S.A. 86,560 219,212 * United Textiles SA 52,191 20,916 Vardas S.A. 26,020 76,394

17

* Varvaressos S.A. European Spinning Mills 7,200 $ 7,720 * Veterin S.A. 61,894 335,470 Viohalco S.A. 426,755 6,553,318 Vioter S.A. 145,986 228,823

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Vis Container Manufacturing Co. 4,259 14,792 Vivartia S.A. 191,396 4,141,846 * Xylemporia S.A. 17,975 55,554 Zampa S.A. 830 10,734 TOTAL COMMON STOCKS 98,074,972

RIGHTS/WARRANTS — (0.0%) * Elton Chemicals S.A. Rights 04/10/07 48,940 1,831

TOTAL — GREECE 98,076,803

IRELAND — (2.6%) COMMON STOCKS — (2.6%) Abbey P.L.C. 86,889 1,344,313 * Aminex P.L.C. 440,966 168,421 * Blackrock International Land P.L.C. 897,420 596,274 * Datalex P.L.C. 227,588 287,168 DCC P.L.C. 324,316 11,426,574 Donegal Creameries P.L.C. 26,085 237,129 * Dragon Oil P.L.C. 1,510,561 5,325,833 FBD Holdings P.L.C. 132,521 6,912,794 Fyffes P.L.C. 897,420 1,363,593 Glanbia P.L.C. 704,919 3,554,327 Greencore Group P.L.C. 606,995 3,734,423 * Horizon Technology Group P.L.C. 236,352 349,914 IAWS Group P.L.C. 368,887 8,585,757 IFG Group P.L.C. 205,432 563,993 Independent News & Media P.L.C. 745,387 3,394,804 * IONA Technologies P.L.C. 100,946 610,759 Irish Continental Group P.L.C. 93,833 2,482,305 * Kenmare Resources P.L.C. 2,004,297 1,877,879 Kingspan Group P.L.C. 185,024 4,909,482 * Lantor 34,575 0 * Lantor Escrow Shares 2009 34,575 0 McInerney Holdings P.L.C. 131,427 2,752,086 Paddy Power P.L.C. 160,620 4,253,850 * Providence Resources P.L.C. 6,258,198 569,588 Qualceram Shires P.L.C. 40,136 108,571 Readymix P.L.C. 323,262 1,228,705 United Drug P.L.C. 803,679 4,313,951 * Waterford Wedgwood P.L.C. 7,869,750 662,304

TOTAL — IRELAND 71,614,797

ITALY — (6.8%) COMMON STOCKS — (6.8%) * A.S. Roma SpA 270,930 229,356 # Acegas-APS SpA 103,575 1,291,935 # * Actelios SpA 343,329 3,928,925 Aedes SpA 324,161 2,888,650

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document 18

# Aeroporto de Firenze SpA 17,918 $ 457,013 # * Alitalia SpA 123,532 155,592 Amplifon SpA 516,559 4,803,607 Astaldi SpA 200,189 1,985,180 # * Azimut Holding SpA 445,446 6,587,473 # Banca Finnat Euramerica SpA 706,431 950,805 Banca Ifis SpA 54,527 715,579 # Banca Intermobiliare SpA 319,984 3,472,533 # Banca Popolare d’Etruria e del Lazio Scrl 221,796 4,505,645 Banca Profilo SpA 253,156 917,144 Banco di Desio e della Brianza SpA 242,974 3,162,099 # Banco Piccolo Valellinese Scarl SpA 314,205 5,216,610 * Beghelli SpA 427,981 523,505 # Benetton Group SpA 8,444 137,244 # Beni Stabili SpA, Roma 1,309,500 2,183,130 Biesse SpA 55,616 1,643,851 Bonifica Terreni Ferraresi e Imprese Agricole SpA 11,191 565,234 # Brembo SpA 108,591 1,467,444 # Caltagirone Editore SpA 161,554 1,349,443 Caltagirone SpA 208,342 2,456,551 Cam Finanziaria SpA 36,527 81,689 # Carraro SpA 85,800 824,594 # Cembre SpA 40,330 470,533 Cementir SpA 262,430 3,333,943 Centrale del Latte di Torino & Co. SpA 21,168 131,122 * Ciccolella SpA 30,000 281,330 CIR SpA (Cie Industriale Riunite), Torino 1,083,933 4,322,796 * Cirio Finanziaria SpA 175,000 0 # Class Editore SpA 150,597 542,412 * Compagnia Immobiliare Azionaria SpA 44,000 25,142 Credito Artigiano SpA 297,576 1,534,194 # Credito Bergamasco SpA 139,720 6,668,394 Cremonini SpA 218,517 790,174 * CSP International Industria Calze SpA 87,961 216,791 # Danieli & Co. SpA 86,438 2,036,339 # Davide Campari - Milano SpA 275,990 2,718,275 # De Longhi SpA 295,644 1,825,839 # * Digital Multimedia Technologies SpA 25,000 2,420,616 # * Ducati Motor Holding SpA 749,005 1,245,054 Emak SpA 57,399 484,210 # * EnerTad SpA 95,849 549,416 Ergo Previdenza SpA 112,421 804,201 Esprinet SpA 81,154 1,731,972 Fiera Milano SpA 37,863 451,277 * Fin.Part SpA 133,481 0 * Finarte Casa d’Aste SpA 56,266 52,199 # Gabetti SpA 64,201 301,480 Gefran SpA 31,849 232,306

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * Gemina SpA 835,842 3,689,799 # Gewiss SpA 249,008 2,169,513 * Giovanni Crespi SpA 121,789 174,470 # Granitifiandre SpA 82,117 937,589 Gruppo Ceramiche Ricchetti SpA 127,131 304,561 # Gruppo Editoriale L’Espresso SpA 676,817 3,613,879 I Grandi Viaggi SpA 98,547 352,629

19

* Immobiliare Lombardia SpA 9,036,502 $ 2,678,270 # Immsi SpA 684,048 2,228,845 * Impregilo SpA 1,144,479 8,113,590 # Indesit Co. SpA 155,000 3,304,391 Industria Macchine Automatique SpA 72,957 1,365,728 Industria Romagnola Conduttori Elettrici SpA 43,452 177,939 Intek SpA 482,657 585,025 Interpump Group SpA 248,737 2,782,580 Iride SpA 849,866 2,878,778 Italmobiliare SpA 20,975 2,428,754 # * Juventus Football Club SpA 242,284 612,784 * KME Group SpA 1,414,423 1,137,485 La Doria SpA 59,783 195,313 * Lavorwash SpA 25,065 98,288 Linificio e Canapificio Nazionale SpA 66,833 281,667 Maffei SpA 60,568 243,397 # Mariella Burani SpA 48,185 1,462,667 * Marr SpA 131,000 1,440,114 Marzotto SpA 151,704 713,500 Meliorbanca SpA 249,443 1,398,334 Mirato SpA 36,779 453,580 Mondadori (Arnoldo) Editore SpA 150,233 1,571,582 Monrif SpA 280,520 449,916 * Montefibre SpA 260,521 293,078 Navigazione Montanari SpA 254,494 1,352,695 * Negri Bossi SpA 76,000 106,669 * NGP SpA 17,891 8,365 * Olidata SpA 82,236 285,971 * Opengate Group SpA 4,000 10,206 * Pagnossin SpA 9,000 10,035 * PanariaGroup Industrie Ceramiche SpA 7,000 66,484 Permasteelisa SpA 67,249 1,719,400 * Pininfarina SpA 31,285 1,106,769 # Pirelli & C.Real Estate SpA 9,600 728,898 # Poligrafici Editoriale SpA 154,784 322,620 Premafin Finanziaria SpA 881,704 2,842,615 # Premuda SpA 232,466 490,809 * Ratti SpA 159,537 132,417 * RDM Realty SpA 5,771 30,169 # Recordati SpA 340,005 2,708,495

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Reno de Medici SpA 577,167 475,451 * Richard-Ginori 1735 SpA 140,800 75,310 Risanamento Napoli SpA 304,043 3,193,896 Sabaf SpA 23,325 902,736 SAES Getters SpA 30,068 1,179,456 * SAVE SpA 29,606 1,058,670 * Schiapparelli 1824 SpA 1,322,152 86,584 Sirti SpA 29,967 97,840 Smurfit SISA SpA 72,500 230,874 # * SNIA SpA 2,079,286 469,492 * Societa Partecipazioni Finanziarie SpA 959,063 944,623 # Societe Cattolica di Assicurazoni Scarl SpA 35,782 2,168,527 # Socotherm SpA 66,740 1,045,581 # Sogefi SpA 237,227 2,271,401 # Sol SpA 194,092 1,346,835

20

* Sorin SpA 872,327 $ 1,925,188 # Stefanel SpA 96,348 417,580 Targetti Sankey SpA 34,593 282,261 * Tecnodiffusione Italia SpA 3,332 8,902 # Telecom Italia Media SpA 4,300,248 1,868,699 # * Tiscali SpA 1,060,244 4,025,350 Tod’s SpA 32,654 2,855,546 Trevi Finanziaria SpA 91,694 1,266,600 Valentino Fashion Group SpA 150,000 6,064,333 * Vemer Siber Group SpA 197,276 179,231 * Viaggi del Ventaglio SpA 155,637 174,871 Vianini Industria SpA 59,070 276,550 Vianini Lavori SpA 180,752 2,762,461 # Vittoria Assicurazioni SpA 62,484 1,035,009 * Zucchi (Vincenzo) SpA 144,350 726,110 TOTAL COMMON STOCKS 185,147,475

RIGHTS/WARRANTS — (0.0%) * Gim SpA Warrants 06/13/08 160,885 63,938 * Intek SpA Rights 04/05/07 482,657 950 * Negri Bossi SpA Warrants 06/30/10 38,000 30,102 TOTAL RIGHTS/WARRANTS 94,990

TOTAL — ITALY 185,242,465

NETHERLANDS — (6.7%) COMMON STOCKS — (6.7%) Aalberts Industries NV 88,893 8,816,492 # Accell Group NV 32,174 1,140,985 * AFC Ajax NV 18,134 203,894 Amsterdam Commodities NV 48,957 308,378 Arcadis NV 58,275 3,754,115

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * ASM International NV 174,655 3,891,638 * Atag Group NV 4,630 1,794 Batenburg Beheer NV 4,092 298,448 * Begemann Groep NV Series B 13,451 5,391 Beter Bed Holding NV 62,400 2,126,395 Boskalis Westminster NV 65,442 6,515,957 Brunel International NV 65,086 2,159,904 # Buhrmann NV 441,331 5,927,583 Crown Van Gelder NV 14,804 370,020 # * Crucell NV 222,547 5,650,840 * Crucell NV ADR 45,768 1,156,557 * De Vries Robbe Groep NV 9,110 25,578 DOCdata NV 22,463 197,434 # * Draka Holding NV 34,598 1,262,065 * Econosto NV 43,097 317,020 Eriks Group NV 31,997 2,529,103 # Exact Holding NV 77,692 2,819,301 Fornix Biosciences NV 19,246 564,209 Gamma Holding NV 18,634 1,469,025 # Getronics NV 503,936 4,627,299 # Grolsche NV 41,978 1,684,776 Grontmij NV 13,581 2,009,960

21

* Hagemeyer NV 1,941,147 $ 9,228,710 Heijmans NV 75,052 4,297,089 Hitt NV 20,431 181,988 ICT Automatisering NV 24,258 467,516 Imtech NV 75,703 5,462,104 # * Innoconcepts 43,184 701,165 # * Jetix Europe NV 132,664 3,329,494 Kas Bank NV 42,888 1,377,791 * Kendrion NV 339,307 971,153 Koninklijke Bam Groep NV 433,318 10,272,367 Koninklijke Ten Cate NV 76,344 2,955,618 Koninklijke Vopak NV 73,543 4,165,977 # * Laurus NV 236,541 905,796 Macintosh Retail Group NV 78,880 3,181,328 * Maverix Capital NV 1,500 76,143 Nederlandsche Apparatenfabriek NV 19,519 820,089 Nutreco Holding NV 121,221 9,096,061 # Oce NV 302,509 5,549,961 OPG Groep NV Series A 47,090 5,907,227 Ordina NV 131,625 3,052,925 # * Pharming Group NV 285,229 1,292,530 * Punch Technix NV 12,412 116,984 * Qurius NV 173,739 361,742 Roto Smeets de Boer NV 5,657 318,399 Royal Reesink NV 2,050 282,759

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Samas NV 83,066 843,274 # * Seagull Holding NV 21,931 126,082 # * Semiconductor Industries NV 114,871 758,428 Sligro Food Group NV 69,285 5,366,935 Smit Internationale NV 46,180 2,963,140 Stern Groep NV 1,258 67,399 Stork NV 105,189 5,416,523 * Tele Atlas NV 267,370 6,006,487 # Telegraaf Media Groep NV 149,353 5,132,341 * Textielgroep Twenthe NV 1,000 3,340 * Tulip Computers NV 883,199 388,692 Twentsche Kabel Holding NV 24,483 2,285,703 * Unit 4 Agresso NV 61,883 1,561,645 Univar NV 91,650 5,121,242 USG People NV 177,768 7,336,026 # Van der Moolen Holding NV 117,201 628,127 Wegener Arcade NV 98,763 2,054,523

TOTAL — NETHERLANDS 180,266,984

NORWAY — (2.8%) COMMON STOCKS — (2.8%) # Acta Holding ASA 391,000 2,161,684 # Aker Yards ASA 155,605 2,688,009 Aktiv Kapital ASA 72,417 1,017,891 # * Altinex ASA 3,100,000 601,756 Arendals Fosse Kompani ASA 100 23,706 # * Birdstep Technology ASA 71,000 116,948 # * Blom ASA 58,367 368,089 Bonheur ASA 67,400 2,969,915

22

* Camillo Eitze 58,200 $ 610,484 * Corrocean ASA 83,321 83,655 # * Det Norske Oljeselskap (DNO) ASA 1,774,304 3,145,625 # DOF ASA 115,506 1,246,536 EDB Elektronisk Data Behandling ASA 149,417 1,285,426 Ekornes ASA 110,190 2,641,904 # * Eltek ASA 126,859 1,291,905 * Ementor ASA 142,551 1,254,585 Expert ASA 75,450 1,489,663 * Fara ASA 56,000 21,642 Farstad Shipping ASA 60,790 1,464,532 # * Fast Search & Transfer ASA 487,050 1,199,714 Ganger Rolf ASA 50,060 1,957,875 * Havila Shipping ASA 22,400 322,650 * Home Invest ASA 15,077 0 # * Ignis ASA 934,282 114,044 # * Independent Oil Tools ASA 75,603 34,205

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Itera Consulting Group ASA 148,000 154,385 * Kongsberg Automotive ASA 86,200 762,579 Kongsberg Gruppen ASA 49,500 1,508,616 * Kverneland ASA 25,808 428,253 Leroy Seafood Group ASA 92,100 1,989,312 * Nordic Semiconductor ASA 51,200 416,230 # * Norse Energy Corp. ASA 549,400 326,388 * Norwegian Air Shuttle ASA 31,600 474,119 # * Ocean Rig ASA 505,762 3,421,714 Odfjell ASA Series A 94,900 1,650,923 # Olav Thon Eiendomsselskap ASA 13,360 1,750,403 * Otrum ASA 17,800 39,943 # * Petrolia Drilling ASA 1,520,000 803,980 # * Photocure ASA 33,562 277,887 # * Q-Free ASA 85,000 215,257 Rieber and Son ASA Series A 109,654 969,122 Scana Industrier ASA 252,423 577,287 # * Sevan Marine ASA 385,800 3,330,202 # * Software Innovation ASA 39,943 98,053 # Solstad Offshore ASA 59,900 1,415,631 # Sparebanken Midt-Norge 134,100 1,755,060 # Steen and Stroem ASA 19,512 1,158,931 * Synnove Finden ASA 16,200 64,419 * Tandberg ASA Series A 276,210 5,710,653 # * Tandberg Data ASA 122,130 160,909 * Tandberg Storage ASA 48,450 28,733 * TGS Nopec Geophysical Co. ASA 316,440 7,175,277 * Thin Film Electronics ASA 16,200 23,987 # Tomra Systems ASA 616,328 4,407,235 # * TTS Marine ASA 32,900 367,154 Veidekke ASA 63,846 3,626,338 Wilhelmsen (Wilhelm), Ltd. ASA Series A 60,800 2,468,906

TOTAL — NORWAY 75,670,329

PORTUGAL — (1.1%) COMMON STOCKS — (1.1%) Cin Corporacao Industrial do Norte SA 1,000 9,011

23

Corticeira Amorim Sociedad Gestora Participacoes Sociais SA 230,410 $ 644,684 * Fibras Sinteticas de Portugal SA 195,903 52,450 Finibanco Holdings SGPS SA 171,803 884,725 * Finibanco Holdings SGPS SA Issue 07 25,770 133,224 * Gescartao SGPS SA 31,395 860,184 Ibersol SGPS SA 20,401 282,555 # * Impresa Sociedade Gestora de Participacoes Socias SA 190,166 1,235,113 * Investimentos Participacoes e Gestao SA Inapa 43,702 152,845 Jeronimo Martins SGPS SA 170,757 4,447,818

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # Mota-Engil SGPS SA 344,465 2,746,639 # * Novabase SGPS 56,005 365,413 # * ParaRede SGPS SA 545,591 167,538 # Portucel-Empresa Produtora de Pasta de Papel SA 466,977 1,653,139 Sag Gest - Solucoes Automovel Globais SGPS SA 283,240 712,322 # Sociedade de Investimento e Gestao SGPS SA 241,216 3,695,985 * Sonae Industria SGPS SA 280,469 3,459,001 # * Sonaecom SGPS SA 583,911 3,444,205 * Sporting Sociedade Desportiva de Futebol 23,339 80,177 * Sumolis - Companhia Industrial de Fruitas e Bebidas SA 67,967 186,537 Teixeira Duarte Engenharia e Construcoes SA 756,680 2,733,235 Toyota Caetano Portugal SA 54,900 563,450

TOTAL — PORTUGAL 28,510,250

SPAIN — (4.5%) COMMON STOCKS — (4.5%) # Abengoa SA 105,048 4,358,300 # Adolfo Dominguez SA 20,351 1,406,942 Amper SA 84,324 1,293,641 # * Avanzit SA 524,860 5,340,355 # * Azkoyen SA 64,591 636,095 # Banco de Andalucia SA 9,800 1,211,914 Banco de Credito Balear SA 35,424 1,640,289 # Banco Guipuzcoano SA 154,643 7,108,213 * Baron de Ley SA 14,325 950,788 Bodegas Riojanas SA 12,365 150,543 # Campofrio Alimentacion SA 92,800 1,695,372 Cementos Portland Valderrivas SA 16,881 2,552,137 # Compania de Distribucion Integral Logista SA 29,600 2,363,159 # Compania Vinicola del Norte de Espana SA 16,600 412,280 # Construcciones y Auxiliar de Ferrocarriles SA 7,500 2,274,893 # * Corporacion Dermoestetica 56,000 705,009 # * Dogi International Fabrics SA 50,631 218,304 # Duro Felguera SA 177,786 2,185,358 Electnor SA 102,646 4,567,546 # * Ercros SA 1,563,603 1,579,756 * Espanola del Zinc SA 29,250 71,895 * Estacionamientos Urbanos SA 4,200 0 # Faes Farma SA 229,090 5,844,232 * Federico Partenina SA 1,190 13,626 Funespana SA 21,493 236,551 * Funespana SA 614 6,727 Grupo Catalana Occidente SA 70,364 3,048,963 # Grupo Empresarial Ence SA 66,772 4,359,908 Iberpapel Gestion SA 24,657 679,778

24

# Inbesos SA 12,494 $ 452,109

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Indo Internacional SA 37,172 494,759 Inmobiliaria del Sur SA 2,513 267,957 # * La Seda de Barcelona SA 1,346,356 4,797,290 Lingotes Especiales SA 22,080 228,571 # Mecalux SA 55,754 2,762,218 # Miquel y Costas & Miquel SA 26,111 932,744 Natra SA 77,118 1,091,522 # * Natraceutical SA 746,798 1,779,539 # NH Hoteles SA 235,729 5,428,788 * NH Hoteles SA Issue 07 29,466 673,484 * Nicolas Correa SA 15,750 132,961 Obrascon Huarte Lain SA 107,743 4,614,016 # * Papeles y Cartones de Europa SA 155,849 1,634,492 Pescanova SA 26,443 1,089,074 # Prim SA 29,620 558,804 Prosegur Cia de Seguridad SA 59,750 2,272,594 # * Service Point Solutions SA 399,698 1,451,996 # * Sociedad Nacional Inds. Aplicaciones Celulosa Espanola 140,767 1,016,472 Sol Melia SA 112,700 2,712,962 # SOS Cuetara SA 324,657 6,377,192 Tavex Algodonera SA 185,541 851,163 # * Tecnocom Telecomunicaciones y Energia SA 39,538 683,643 # Tubacex SA 448,449 3,606,574 Tubos Reunidos SA 104,798 2,699,597 Unipapel SA 46,477 1,523,476 Uralita SA 338,493 2,927,881 # * Urbanizaciones y Transportes SA 267,319 1,040,808 # Vidrala SA 58,397 1,962,016 Viscofan SA 165,736 3,748,956 # * Zeltia SA, Madrid 535,667 4,898,154

TOTAL — SPAIN 121,624,386

SWEDEN — (5.5%) COMMON STOCKS — (5.5%) * Acando AB Series B 130,800 319,951 # * Active Biotech AB 77,400 896,187 Addtech AB Series B 56,300 1,210,023 # Angpanneforeningen AB Series B 48,500 1,091,153 # * Anoto Group AB 261,833 456,245 Aros Quality Group AB 41,400 356,039 * Artimplant AB Series B 144,000 101,105 Axfood AB 92,000 3,633,565 # Axis AB 183,494 3,231,243 # Ballingslov International AB 26,700 822,927 Beiger Electronics AB 14,700 327,652 Beijer AB Series B 14,100 546,698 # Beijer Alma AB 58,800 859,085 Bergman & Beving AB Series B 66,900 2,059,398 # Bilia AB Series A 116,725 2,263,634 Billerud AB 150,300 2,251,517

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * BioGaia AB Series B 38,000 244,266 * Biotage AB 51,940 86,284 * Bong Ljungdahl AB 24,800 227,697

25

* Boras Waefveri AB Series B 11,200 $ 37,815 # * Boss Media AB 73,700 149,182 # * Cantena AB 58,362 954,838 # Cardo AB 63,000 2,422,493 Carl Lamm AB 33,280 250,527 # Castellum AB 428,900 6,195,188 # Clas Ohlson AB Series B 102,500 2,152,096 # Cloetta AB Series B 22,750 837,287 Concordia Maritime AB Series B 70,300 464,066 * Consilium AB Series B 16,994 95,403 # D. Carnegie & Co. AB 148,200 3,083,785 * DORO AB 400 308 * Duroc AB Series B 2,700 12,274 # Elekta AB Series B 317,200 5,739,648 Elverket Vallentuna AB 8,650 51,446 # * Enea Data AB Series B 1,012,000 493,696 # Eniro AB 288,700 3,646,850 Expanda AB 19,547 286,804 # Fabege AB 205,350 5,156,106 # Fagerhult AB 16,800 340,499 * Forshem Group AB Series B 9,400 82,453 Geveko AB Series B 10,800 467,833 # Gunnebo AB 106,800 1,131,549 # Gunnebo Industrier AB 10,000 281,103 # Haldex AB 64,700 1,558,490 # Heba Fastighets AB Series B 14,500 421,399 # Hiq International AB 111,889 571,228 # HL Display AB Series B 14,400 397,067 Hoganas AB Series B 77,300 1,965,283 # Home Properties AB 25,400 358,672 IBS AB Series B 195,200 702,702 * Industrial & Financial Systems AB Series B 487,600 654,528 * Intellecta AB Series B 5,500 55,604 Intrum Justitia AB 163,100 2,201,935 Invik and Co. AB Series B 15,540 415,065 JM AB 291,468 10,077,775 # Klovern AB 303,476 1,428,494 Kungsleden AB 432,600 7,782,869 Lagercrantz Group AB Series B 64,300 309,660 * LBI International AB 107,651 760,122 # Lennart Wallenstam Byggnads AB Class B 123,900 2,652,320 Lindex AB 235,900 2,823,534 # Ljungberg Gruppen AB Series B 3,800 203,815 * LogicaCMG P.L.C. 955,510 3,349,769

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document * Lundin Petroleum AB 90,000 1,062,464 # * Mandator AB 455,520 164,111 * Medivir Series B 26,150 198,491 * Micronic Laser Systems AB 105,400 964,422 Midelfart Sonesson AB Series A 4,160 12,928 Midelfart Sonesson AB Series B 4,160 12,810 # Munters AB 57,000 2,475,333 # NCC AB Series B 118,100 3,809,068 Nefab AB 55,300 634,989 * Net Insight AB Series B 924,000 900,800 New Wave Group AB Series B 107,400 1,175,200

26

NIBE Industrier AB 185,200 $ 3,023,389 # Nobia AB 144,500 5,935,056 Nolato AB Series B 66,440 687,147 * Observer AB 245,156 1,114,650 OEM International AB Series B 14,800 445,107 # OMX AB 189,900 3,957,375 * Orc Software AB 36,300 781,544 * Ortivus AB 48,010 99,432 Partnertech AB 28,800 471,405 # PEAB AB Series B 125,200 3,765,829 # Poolia AB Series B 36,150 348,142 Prevas AB Series B 16,000 73,477 * Pricer AB Series B 1,711,500 134,696 * Proact It Group AB 29,000 165,682 * Proffice AB 215,400 717,880 # Profilgruppen AB 16,300 191,572 Q-Med AB 159,200 2,467,346 * RaySearch Laboratories AB 7,850 200,481 * Readsoft AB Series B 48,800 174,467 Rederi AB Transatlantic Series B 95,600 712,240 rnb Retail and Brands AB 36,700 441,957 # Rottneros Bruk AB 425,600 368,880 Salus Ansvar AB Series B 38,900 159,971 Sardus AB 18,100 296,830 * Scribona AB Series A 40,100 31,585 * Scribona AB Series B 226,140 169,414 * Semcon AB 39,900 338,217 Sigma AB Series B 25,800 43,491 * Sintercast AB 11,800 112,358 # Skanditek Industrifoervaltnings AB 156,975 972,914 Skistar AB 94,800 1,375,851 # Studsvik AB 21,900 741,883 * SWECO AB 36,800 1,513,074 * Switchcore AB 185,784 8,996 # * Teleca AB Series B 157,200 736,816 # * Telelogic AB 777,200 1,478,766

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document # * Teligent AB 111,400 110,896 * Ticket Travel Group AB 41,152 100,180 Trelleborg AB Series B 230,400 6,001,078 Uniflex AB Series B 3,630 66,820 VBG AB Series B 1,084 18,481 * Vitrolife AB 41,500 210,848 * Wedins Skor & Accessoarer AB 113,400 182,604 Westergyllen AB Series B 9,400 46,032 Wihlborgs Fastigheter AB 65,658 1,408,397 Xponcard Group AB 7,300 127,490 TOTAL COMMON STOCKS 147,949,611

RIGHTS/WARRANTS — (0.0%) * Fabege AB Redemption Rights 04/27/07 205,350 158,252

TOTAL — SWEDEN 148,107,863

27

SWITZERLAND — (12.6%) COMMON STOCKS — (12.5%) * 4M Technologies Holding SA 18,445 $ 46,858 A. Hiestad Holding AG 1,426 1,761,332 * Actelion, Ltd. 35,944 8,377,172 AFG Arbonia-Forster Holding AG 4,266 2,177,619 Allreal Holding AG 28,047 3,581,283 Also Holding AG 16,678 924,279 Ascom Holding AG 92,504 1,615,565 Bachem AG 26,438 2,164,433 Baloise-Holding AG 24,030 2,509,172 Bank Coop AG 31,715 2,134,852 Bank Sarasin & Cie Series B 1,778 6,433,239 Banque Cantonale de Geneve 4,141 1,008,094 Banque Cantonale du Jura 450 196,104 Banque Cantonale Vaudoise 11,172 5,309,165 Banque Privee Edmond de Rothschild SA 161 5,232,430 Barry Callebaut AG 10,927 8,124,915 Basellandschaftliche Kantonalbank 600 479,346 * Basilea Pharmaceutica AG 2,629 611,244 Basler Kantonalbank 5,250 513,850 Belimo Holdings AG 1,884 2,008,426 Bellevue Group AG 27,315 2,164,533 Berner Kantonalbank 25,110 4,430,674 Bobst Group AG 36,682 2,245,413 Bossard Holding AG 8,467 583,793 Bucher Industries AG 33,989 4,590,193 BVZ (Brig Visp Zermatt) Holding AG 580 158,075 Calida Holding AG 396 186,933 * Card Guard AG 32,013 300,620 Carlo Gavazzi Holding AG 1,065 240,614

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Charles Voegele Holding AG 29,471 3,233,631 Clariant AG 794,519 13,666,438 Compagnie Financiere Tradition 5,202 798,832 Converium Holding AG 546,150 9,557,748 Conzzeta Holdings AG 1,415 2,743,374 * COS Computer Systems AG 4,391 111,481 # Crealogix Holding AG 3,388 264,658 Daetwyler Holding AG 348 2,077,323 Edipresse SA 1,572 778,618 Eichhof Holding AG 458 755,581 Elektrizitaets-Gesellschaft Laufenberg AG 3,207 3,717,638 * ELMA Electronic AG 472 172,388 Emmi AG 13,638 1,741,793 # Ems-Chemie Holding AG 31,716 4,004,719 Energiedienst Holding AG 8,265 4,170,660 * Escor Casino & Entertainment AG 2,010 43,133 # Feintol International Holding AG 1,601 632,684 Fischer (Georg) AG 11,518 8,333,521 Flughafen Zuerich AG 13,645 5,289,997 * Forbo Holding AG 5,990 2,666,342 Fuchs Petrolub AG 19,809 1,590,559 Galenica Holding AG 15,936 5,090,760 Getaz Romang Holding SA 1,280 1,174,791 Golay-Buchel Holding SA 40 87,046 Gurit Holding AG 1,326 1,337,028

28

Helvetia Holding AG 12,833 $ 5,512,174 Hexagon AB Series B 27,240 1,083,715 * Implenia AG 49,554 1,413,133 Industrieholding Cham AG 1,704 647,081 Interroll-Holding SA 2,475 1,010,482 Intershop Holding AG 3,444 890,759 * IsoTis, Inc. SA 25,184 152,867 Jelmoli Holding AG 1,521 5,111,591 Jelmoli Holding AG (4382652) 2,835 1,902,541 * Kaba Holding AG 10,381 3,004,938 * Kardex AG 17,985 762,804 Komax Holding AG 9,005 1,320,029 # Kudelski SA 106,944 3,785,225 Kuoni Reisen Holding AG 13,794 8,274,605 Lem Holdings SA 3,651 815,271 * Logitech International SA 247,190 6,892,425 # * Lonza Group AG 129,327 12,446,376 Luzerner Kantonalbank 18,593 4,137,449 * Medisize Holding AG 13,260 963,703 Metraux Services SA 1,853 335,394 # Micronas Semiconductor Holding AG 78,808 1,635,321 * Mikron Holding AG 43,452 565,036

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Mobilezone Holding AG 115,610 702,846 Orell Fuessli Holding AG 5,076 838,692 OZ Holding AG 10,374 784,679 * Parco Industriale e Immobiliare SA 600 1,728 Phoenix Mecano AG 3,041 1,456,456 PSP Swiss Property AG 148,025 9,024,036 PubliGroupe SA 6,325 2,355,090 Rieters Holdings AG 15,890 7,935,004 Romande Energie Holding SA 2,839 4,190,694 * Schaffner Holding AG 1,830 345,663 * Schulthess Group 1,457 1,676,102 Schweiter Technology AG 4,193 1,344,333 Schweizerhall Holding AG 8,648 1,354,353 # Schweizerische National Versicherungs Gesellschaft 1,881 1,472,120 * SEZ Holding AG 53,128 1,764,601 SIA Abrasives Holding AG 2,381 918,253 Siegfried Holding AG 8,560 1,261,074 Sig Holding AG 20,338 7,257,987 * Sihl 150 370 Sika AG 8,623 14,723,101 Societa Elettrica Sopracenerina SA 2,409 554,663 Societe Generale d’Affichage 5,872 1,168,747 * Spirt Avert AG 1,409 13,430 St. Galler Kantonalbank 9,217 4,689,682 # * Straumann Holding AG 12,103 3,471,027 Sulzer AG 14,002 19,658,868 Swiss Prime Site AG 81,434 5,035,157 * Swisslog Holding AG 798,972 1,024,010 Swissquote Group Holding SA 4,122 1,606,211 Tamedia AG 15,322 2,072,018 # Tecan Group AG 40,139 2,869,045 * Temenos Group AG 152,630 2,952,765 * Tornos SA 38,028 569,795

29

* UMS Schweizerische Metallwerke Holding AG 17,585 $ 391,859 * Unilabs SA 23,874 829,644 Valiant Holding AG 60,231 8,217,517 Valora Holding AG 12,004 3,429,167 Vaudoise Assurances Holdings SA 3,233 584,772 Villars Holding SA 150 60,486 # * Von Roll Holding AG 379,814 2,367,669 Vontobel Holdings AG 114,466 5,888,710 Walliser Kantonalbank 1,457 592,436 WMH Walter Meier Holding AG 4,878 854,192 Zehnder Holding AG 786 1,816,452 Zueblin Immobilien Holding AG 78,908 815,321 Zuger Kantonalbank 630 1,881,421 TOTAL COMMON STOCKS 339,636,134

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document PREFERRED STOCKS — (0.1%) Fuchs Petrolub AG 19,809 1,772,367

RIGHTS/WARRANTS — (0.0%) * Unilabs SA Warrants 12/15/08 23,874 16,700

TOTAL — SWITZERLAND 341,425,201

UNITED KINGDOM — (0.0%) COMMON STOCKS — (0.0%) * Total Produce P.L.C. 897,420 993,366

Face Amount Value† (000) TEMPORARY CASH INVESTMENTS — (0.3%) Repurchase Agreement, PNC Capital Markets, Inc. 5.19%, 04/02/07 (Collateralized by $7,955,000 FNMA 5.50%, 02/01/37, valued at $7,843,451) to be repurchased at $7,729,341 $ 7,726 7,726,000

SECURITIES LENDING COLLATERAL — (19.3%) Repurchase Agreement, Bear Stearns 5.33%, 04/02/07 (Collateralized by $3,003,673 FHLMC 5.375%, 05/15/19, valued at $3,151,921) to be repurchased at $3,090,118 3,090 3,089,661 Repurchase Agreement, Countrywide Securities 5.38%, 04/02/07 (Collateralized by $1,572,540,203 FHLMC, rates ranging from 4.000%(v) to 7.242%(r), maturities ranging from 09/28/08 to 03/01/37 & FNMA, rates ranging from 4.148%(r) to 7.496%(r), maturities ranging from 08/01/19 to 03/01/37, valued at $531,501,600) to be repurchased at $521,157,873 521,080 521,080,000 TOTAL SECURITIES LENDING COLLATERAL 524,169,661

TOTAL INVESTMENTS - (100.0%) (Cost $1,778,767,179)## $ 2,710,746,262

See accompanying Notes to Financial Statements.

30

Organizational Note

The DFA Investment Trust Company (the “Trust”) is an open-end management investment company registered under the Investment Company Act of 1940. The Trust’s advisor is Dimensional Fund Advisors LP. At March 31, 2007, the Trust consists of twenty investment portfolios, of which four are included in this document.

Security Valuation Note

Securities held by The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, and The Continental Small Company Series (the “International Equity Portfolios”), including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the International Equity Portfolios that are listed on NASDAQ are valued at the

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document NASDAQ Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the International Equity Portfolios value the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the New York Stock Exchange (NYSE). For example, trading in the Japanese securities markets is completed each day at the close of Tokyo Stock Exchange (normally, 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally, 1:00 p.m. PT) and the time that the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the International Equity Portfolios price their shares at the close of the NYSE, the International Equity Portfolios will fair value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the International Equity Portfolios’ foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of

Directors/Trustees of the International Equity Portfolios have determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable, and may trigger fair value pricing. Consequently, fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a material impact on the net asset value of an International Equity Portfolio. When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Federal Tax Cost Note

At March 31, 2007, the total cost of securities for federal income tax purposes was:

The Japanese Small Company Series $ 2,050,039,491 The Asia Pacific Small Company Series 1,057,223,852 The United Kingdom Small Company Series 753,704,888 The Continental Small Company Series 1,778,768,135

Item 2. Controls and Procedures.

(a) Based on an evaluation of the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940), the President and Treasurer of SA Funds – Investment Trust have concluded that such disclosure controls and procedures are effective as of a date within 90 days of the filing date of this Form N-Q.

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document (b) There was no change in the internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) of SA Funds – Investment Trust that occurred during the last fiscal quarter that has materially affected or is reasonably likely to materially affect, its internal control over financial reporting.

Item 3. Exhibits.

The certifications required by Rule 30a-2(a) of the Investment Company Act of 1940, as amended, are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SA FUNDS- INVESTMENT TRUST

By: /s/ Robert Herrmann

Robert Herrmann President, Chief Executive Officer And Principal Executive Officer

Date: 5-24-07

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By: /s/ Gerard Melia

Gerard Melia Treasurer, Chief Financial and Accounting Officer and Principal Financial Officer

Date: 5-24-07

By: /s/ Robert Herrmann

Robert Herrmann President, Chief Executive Officer And Principal Executive Officer

Date: 5-24-07

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Exhibit 99.Cert

Item 3. Exhibits.

CERTIFICATIONS

I, Robert Herrmann, certify that:

1. I have reviewed this report on Form N-Q of SA Funds – Investment Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to

materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of trustees (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: 5-24-07 /s/ Robert Herrmann Robert Herrmann President, Chief Executive Officer and Principal Executive Officer

Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document CERTIFICATIONS

I, Gerard Melia, certify that:

1. I have reviewed this report on Form N-Q of SA Funds – Investment Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of trustees (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: 5-24-07

/s/ Gerard Melia Gerard Melia Treasurer, Chief Financial and Accounting Officer and Principal Financial Officer

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